03.23.23 Bank Failure Update - What YOU Should Do / SAVE On Streaming TV
The Clark Howard Podcast
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The Importance of Moral Hazard in Banking
Banks that make money and give it to their stockholders but if they get into trouble then they know Uncle Sam is there for them are true moral hazard. That socializes the risk but privatizes the profit to the stockholders, he says. "We need to not ignore the problems we're having going on now with banking"
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