Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
This was a few days ago but the decision is not in the FDIC's hands. Action must be by the Congress (legislative) or the Treasury (executive). But this issues is heating up again due to the ongoing regional banking contagion. It won't be over just because a few people say so. https://www.fdic.gov/news/press-releases/2023/pr23035.html
