this post was submitted on 25 Dec 2024
56 points (98.3% liked)

Business

1459 readers
25 users here now

A place to share business news and insights.

Rules

  1. Follow lemmy.world rules
  2. Only post content related to business
  3. Do not use this community to promote your business

founded 2 years ago
MODERATORS
odrel@lemmy.world
jordanlund@lemmy.world
56
Big banks sue Federal Reserve over minimum cash requirements (www.salon.com)
submitted 1 year ago by jeffw@lemmy.world to c/business@lemmy.world
14 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] HubertManne@moist.catsweat.com 23 points 1 year ago (2 children)

For once I agree with the big banks. The uncertainty is to harmful. Going forward they should have to keep 100% reserves of all money lent out. That will take out all that nasty uncertainty.

[–] psmgx@lemmy.world 6 points 1 year ago

Like who needs FDIC, amirite?

[–] AshMan85@lemmy.world 5 points 1 year ago (1 children)

You like paying for their bail outs?

[–] HubertManne@moist.catsweat.com 6 points 1 year ago

oh we don't need any of those. I mean for account holders sure but other than that. nah.