Hacker News Reader

aj12345on The Real Reason The Poor Go Without Bank Accounts

So in other words, insured deposits were paid out fully and uninsured deposits got a big haircut. Sounds like the correct outcome to me.

aj12345on Starting an Airline

Deposits have nothing to do with capital. If you have 1B in assets and 12B in liabilities you are insolvent.

aj12345on The Real Reason The Poor Go Without Bank Accounts

Can you please provide examples of developed countries speaking "in the last few years of forcing depositors to take losses in the event of bank failures" and which ones "have actually done it"? Cyprus is the only example that I can think of that discussed it and I can't think of any that have actually done it.