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comment by Yorn
Yorn  ·  4818 days ago  ·  link  ·    ·  parent  ·  post: How banks get to be "Too Big To Fail"
Worth noting: FDIC insurance remained on bank side, too. This was pretty much the stupidest thing that could have happened. Deregulation without removing the FDIC insurance restored all the greed without removing the fear. It was no surprise what happened next.