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Strategies & Market Trends : John Pitera's Market Laboratory

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To: ggersh who wrote (13896)3/16/2013 12:23:58 PM
From: Hawkmoon  Read Replies (2) of 33421
 
What they did wrong is loan those banks money. Because that what a bank account is, a loan to the bank by a "saver"...

The is a haircut on lenders we normally refer to as depositors..

Think it would been better to force that 10% deposit/loan into a special trust that must be paid back, but could not be withdrawn for a period of time.. Like a CD..

Hawk
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