Comments by "MarcosElMalo2" (@MarcosElMalo2) on "CEO describes pulling money from bank hours before collapse" video.

@davidbryant3532 cope, MAGA
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@zesolodar these weren’t people, they were companies that used the bank for operations, such as payroll. The scramble to get the money out was the scramble to make sure employees get paid on time, that the rent is paid, etc. This isn’t about the little guy getting screwed, or of rich people getting screwed.
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It’s not that complicated. You shouldn’t need Katie Porter to understand what happened here. Banks are allowed to only keep 10% reserves of deposited funds. The rest is put into loans and investments. When interest rates are extremely low, as they have been for the last 20 years, a bank can’t make a profit from making loans. So they invest the money. A lot of those investments are in companies that are benefitting from the low interest rate environment. When interest rates go up substantially, a fair amount of those companies fail. There are some basic tweaks that might protect against this problem, such as raising the reserve minimum and putting limits in place as to what type and how many investments a bank can make. You have to strike a balance between banks taking in too much risk and taking on too little. Clearly this bank took on too much, and that indicates a problem.
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@michdoogles3939 Wow, it feels like something to you? Why don’t you try thinking, instead. Start with educating yourself enough to comment intelligently on a banking story.
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Where is Jimmy Stewart when you need him?
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