You're a junior creditor, but you're covered by insurance!!
... Except, every time banks have gone boom in the past, the rules for collecting that insurance have been getting tighter and tighter.
Luckily, we have the new TOO BIG TO FAIL TM so if your bank becomes insolvent they'll just print more money and give it to them.
You're a junior creditor, but you're covered by insurance!!
... Except, every time banks have gone boom in the past, the rules for collecting that insurance have been getting tighter and tighter.
Luckily, we have the new **TOO BIG TO FAIL** ^TM so if your bank becomes insolvent they'll just print more money and give it to them.
(post is archived)