Comment: This is a good thing.

(See in situ)


This is a good thing.

Now investors and depositors have to do their homework and won't rely on the false belief that the given bank is "too big to fail". A bank should be allowed to fail, just like any other business and investors should lose their investment in case it goes wrong, again, like in any other venture.

"If ye love wealth better than liberty, the tranquility of servitude than the animated contest of freedom — go home from us in peace. We ask not your counsels or arms. Crouch down and lick the hands which feed you. May your chains sit lightly upon you, an