Then you don't have an understanding of the concept of systemic risk. Really, all you have to do is look at all the dominoes that fell in 2008.
Also, note that because of the consolidation that occurred as a result of the 2008 failures, the industry is even more concentrated now that it was then... On Tuesday, February 14, 2017 at 1:31:58 PM UTC-5, KeithInTampa wrote: > > I don't necessarily believe that a bank failure would cause the iminent > collapse of our economy. > > On Tue, Feb 14, 2017 at 1:20 PM, Pittalum <[email protected] > <javascript:>> wrote: > >> Hi Perp! >> >> I am by no means into bank bailouts, and saying no to them is all fine >> and good. But taking this position in no way shape or form addresses the >> serious systemic risk the failure of one of our big banks would pose to the >> entire banking system. >> >> You wanna bet if, say, B of A or Citi is on the brink - we're gonna see a >> *bailout >> *of some nature or degree, despite this EO? >> >> On Tuesday, February 14, 2017 at 12:51:13 PM UTC-5, Perplexed wrote: >>> >>> >>> >>> https://www.whitehouse.gov/the-press-office/2017/02/03/presidential-executive-order-core-principles-regulating-united-states >>> >>> It's about time. >>> >> >> On Tuesday, February 14, 2017 at 12:51:13 PM UTC-5, Perplexed wrote: >>> >>> >>> >>> https://www.whitehouse.gov/the-press-office/2017/02/03/presidential-executive-order-core-principles-regulating-united-states >>> >>> It's about time. >>> >> >> On Tuesday, February 14, 2017 at 12:51:13 PM UTC-5, Perplexed wrote: >>> >>> >>> >>> https://www.whitehouse.gov/the-press-office/2017/02/03/presidential-executive-order-core-principles-regulating-united-states >>> >>> It's about time. >>> >> -- >> -- >> Thanks for being part of "PoliticalForum" at Google Groups. >> For options & help see http://groups.google.com/group/PoliticalForum >> >> * Visit our other community at http://www.PoliticalForum.com/ >> * It's active and moderated. Register and vote in our polls. >> * Read the latest breaking news, and more. >> --- >> You received this message because you are subscribed to the Google Groups >> "PoliticalForum" group. >> To unsubscribe from this group and stop receiving emails from it, send an >> email to [email protected] <javascript:>. >> For more options, visit https://groups.google.com/d/optout. >> > > -- -- Thanks for being part of "PoliticalForum" at Google Groups. For options & help see http://groups.google.com/group/PoliticalForum * Visit our other community at http://www.PoliticalForum.com/ * It's active and moderated. Register and vote in our polls. * Read the latest breaking news, and more. --- You received this message because you are subscribed to the Google Groups "PoliticalForum" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. For more options, visit https://groups.google.com/d/optout.
