Another possible '11.3' reference - 'Eleven Banks Deposit $30 Billion in First Republic Bank'
(archive.ph)
π Notable
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So, in essence, the banks are going to stand in a big circle and hand money to the bank on their left in order to solve the problem. This is going to work out well. π
Also known as a circle jerk.
That's gonna be one messed up cracker
What a concept! Hand over our profits to the village idiot who canβt manage a bank!
Sounds like check kiting! Last time I looked that was illegal, but heck we have no accountability, so no big deal, right?