Bail out is bad. Takeover is good.
Failure of entity is bad. Failure of equityholders is good.
All we need here is a change in management and owners. The bank should live but without any assistance (bailout) from taxpayers beyond FDIC limits
Bail out is bad. Takeover is good.
Failure of entity is bad. Failure of equityholders is good.
All we need here is a change in management and owners. The bank should live but without any assistance (bailout) from taxpayers beyond FDIC limits