You’ll also notice that they are constantly in problems and needing bail-outs. Or the other outcome is the big ones swallow up the little ones that the Federal Reserve Banksays are insolvent. I think a lot of the debt is worse than garbage and shouldn’t even be rated by the rating agencies.
You’ll also notice that they are constantly in problems and needing bail-outs. Or the other outcome is the big ones swallow up the little ones that the Federal Reserve Bank says are insolvent. I think a lot of the debt is worse than garbage and shouldn’t even be rated by the rating agencies.