Same thing here. If you borrow millon dollars from bank and you can't repay it, they would declare your bankruptcy. But if you borrow billion dollars from bank and you can't repay it, they would do their best to help you out.
And if bank owe hundred of billions dollars, then they are TOO BIG to fail!
Let them fail, let others raise! Actually if US banks fails, then Canda bank my be benefit from the crisis; or even the Chinese bank! That may be the reason that US government had to rescue them; otherwise you would see Bank of China everywhere in US. LOL!
And if bank owe hundred of billions dollars, then they are TOO BIG to fail!
Let them fail, let others raise! Actually if US banks fails, then Canda bank my be benefit from the crisis; or even the Chinese bank! That may be the reason that US government had to rescue them; otherwise you would see Bank of China everywhere in US. LOL!