3min chapter

Moody's Talks - Inside Economics cover image

Systemic Threats, Supervisory Shortfalls

Moody's Talks - Inside Economics

CHAPTER

The Debate on Deposit Insurance Caps

Every institution, if I were king for the day and I was sitting there today, literally today, Friday, seven, two, one was going. So now every bank is systemic in this current environment. We are in a systemic crisis. More thousand seven hundred or systemic. They are. And the same with the credit unions? Yeah. The FDIC not being handicapped by taking into the fund banks which are unsound or by continuing in the fund which are mismanaged. End quote.

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