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Big banks sue Federal Reserve over minimum cash requirements (www.salon.com)

submitted 5 months ago by jeffw@lemmy.world to c/business@lemmy.world

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[–] HubertManne@moist.catsweat.com 22 points 5 months ago (2 children)

For once I agree with the big banks. The uncertainty is to harmful. Going forward they should have to keep 100% reserves of all money lent out. That will take out all that nasty uncertainty.

[–] psmgx@lemmy.world 6 points 5 months ago

Like who needs FDIC, amirite?

[–] AshMan85@lemmy.world 5 points 5 months ago (1 children)

You like paying for their bail outs?

[–] HubertManne@moist.catsweat.com 6 points 5 months ago

oh we don't need any of those. I mean for account holders sure but other than that. nah.