This is a fairly clever solution imo but it's just a stall tactic to appease powerful depositors. The reality is the reason this bank failed in the first place is that they cannot unwind their positions due to lack of liquidity and a pull back in equity
This is a fairly clever solution imo but it's just a stall tactic to appease powerful depositors. The reality is the reason this bank failed in the first place is that they cannot unwind their positions due to lack of liquidity and a pull back in equity