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Letters: Banks should get credit rating, let depositors know possibilities

Por: The Advocate Opinion March 23, 2023

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There has been a lot of talk lately about whether accounts exceeding $250,000 is a bailout.However, this would not be for the benefit of the bank stock or bondholders, who are the actual owners and investors. Many businesses innocently keep balances exceeding that amount for working capital to run their operations.A simple solution might be to require any bank that accepts deposits over $250,000 to obtain a credit rating by Moody's,... + full article



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