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Knowledge at Wharton

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Does the Federal Government Really Want to Ensure Uninsured Deposits?

I think at the moment, they basically have opened the door to saying, we are going to ensure some of these uninsured deposits, at least if not all of them. We really don't want to be in the business of ensuring everything but maybe for this kind of thing, you can see what happens that when the panic set in. It's just rational to panic and run like I don’t want to be the guy left with the uninsured deposits when everybody else is running. Yeah, more more regulation on that. That's the direction it's going to go. Definitely.

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