You know who was most at fault? Had the most blame? The depositors! They had the most to lose!
You were insured up to $250K. So you put, say $100M and you fail to perform due diligence on what the bank is gonna do with your massive deposit?
Yep. Plenty of blame to go around.
You were insured up to $250K. So you put, say $100M and you fail to perform due diligence on what the bank is gonna do with your massive deposit?
Yep. Plenty of blame to go around.