Omid Malekan (Columbia) on Trust & Finance
Galaxy Brains
00:00
Bank Balance Sheets Are Insolvent, Right?
Dorne: The Fed's got a facility to do this. But again, they're only, you know, back-sopping depositors. So the whole idea is you want to be in a too big to fail bank. You can't be. There's really no option. Dorne: These guys couldn't do banking 101. Why would you put money in? Guys, they don't do banking101.
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