53 "You don't want a huge run on the institutions, and, and they're going to be"....FDIC Bankers Discuss ‘Bail-Ins’ To Deal With Impending Market Collapse (twitter.com) posted 2 years ago by ashlanddog 2 years ago by ashlanddog +53 / -0 17 comments share 17 comments share save hide report block hide replies
TLAC... could someone please ELI5?
The objective of the TLAC is to make debt / equity holders absorb losses (allowing a "bail-in"), instead of using public funds and thus avoiding government intervention to save banks.
Cbonds.com
You know some impressively smart 5 year olds🐸Hehe, I do get it now, thank you!