- May 22, 2004
- Favorite Player
10 years of FIF
Well one of those two is a proper retail bank the other serves mainly businesses and HNI kind of expected....From the FT.
But again looking at the situation most customers will receive back quite a bit more than those 250k as the assets of the bank are not worthless....
The main issue here is a timing issue....
Also lets not forget some 40 bio reportedly left on thursday which put them in this situation....
I would just hate a situation where HNI and VCs also get completely bailed out, would be a bad precedent.