/biz/ - Business & Finance

>>54025033
Say you keep 1 million dollars at Baggie Federal. 1 days Baggie Federal collapses due to "unforeseen" occurrences. You don't get your $1 million back you get $250,000 netting a 75% lose.

Now the FDIC might make a "plan" to get all your money back but there is no gurantee they will meaning while they are thinking lol of a plan you are sitting at a $750,000 lose. Now say you had $10 million at Baggie Federal. You lost $9.75 million leaving you with only $250,000.

See how this can be a problem how is the FDIC supposed to figure out how to get that money back to both people. Now extrapolate that to 97.3% of all customers. Numbering in the hundreds.

WTFWT

>china already pumping
What a surprise

>meme chart is correct 9/10 trading days
>the one day it's wrong was a literal black swab
>retards still want to argue with me

Wait until midnight tonight. I will tell you what the market is going to do tomorrow and you still won't listen lol.

>>51691427
you like jesus, too?
welcome aboard fren :)

Someone link me to Jpow

>bulltards still posting
We're not close to the bottom

>>51630900
SQQQ or GE puts