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k98killer
Mark Moss
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Comments by "k98killer" (@k98killer) on "Can Your Bank Steal Your Money? | (Shocking New Laws)" video.
Question: do deposits count as regulatory capital in the US under current Federal Reserve regulations? According to what I've read in the Federal Register, Tier 1 regulatory capital includes bank equity (explicitly common equity and in some instances preferred) and instruments subordinated to subordinated debt. Tier 2 includes bank reserves and deposits held at Federal Reserve Banks. The question is whether or not deposits in commercial banks count as instruments subordinated to subordinated debt.
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Just don't put your deposits in the big banksters' pockets. Credit unions all the way, yo.
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