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To: Toddsterpatriot

Creditors is used. If I deposit money into a bank I am one of the bank’s creditors. I lent them money and I expect it back along with interest payments.


23 posted on 08/26/2016 10:07:39 AM PDT by KarlInOhio (Shut up, Bob Costas. Shut up! Shut up! Shut up! Shut up! Shut up! Shut up!)
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To: KarlInOhio
Creditors is used. If I deposit money into a bank I am one of the bank’s creditors.

the Government is proposing to implement a bail-in regime that would reinforce that bank shareholders and creditors are responsible for the bank’s risks—not taxpayers. This would allow authorities to convert eligible long-term debt of a failing systemically important bank into common shares to recapitalize the bank and allow it to remain open and operating.

If they meant depositors, why say "long-term debt"?

They could have easily said "all debt" or "bank shareholders and creditors and depositors".

The OP's claim is weak.

51 posted on 08/26/2016 11:12:25 AM PDT by Toddsterpatriot ("Telling the government to lower trade barriers to zero...is government interference" central_va)
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