Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: fruser1

Yea, they are the banks asset though, not the depositor. The depositor is owed, though it is a demand deposit under normal circumstances.


44 posted on 08/26/2016 10:46:33 AM PDT by Axenolith (Government blows, and that which governs least, blows least...)
[ Post Reply | Private Reply | To 37 | View Replies ]


To: Axenolith

Correct.

But the assets are not what’s being proposed to use for bail out.

Creditors and shareholders are.

So, again, the article linked makes no mention of using depositor accounts to pay for bail out, which contradicts the title of the thread.


45 posted on 08/26/2016 10:55:35 AM PDT by fruser1
[ Post Reply | Private Reply | To 44 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson