Can Banks Take Your Money? The Legal and Financial Implications of Bail-Insby@m_muslimi

Can Banks Take Your Money? The Legal and Financial Implications of Bail-Ins

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The financial crisis in 2008 was a game-changer in the financial industry. The housing bubble’s collapse led to bankruptcy, which affected even Wallstreet. The U.S. treasury came in to rescue wall street by giving over 200 billion dollars in loans to hundreds of financial institutions. Even though it was a good amount, it accounted for only about 30% of the total cost of bailing out the entire Financial system.

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@m_muslimi

Mehran Muslimi

Sr. Fintech Consultant, BTC, Blockchain, Cybersecurity, Artificial Intelligence


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