bank charter
1 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Apr 2, 2018 by Andy Redleaf · across every show →
Everything said about bank charter, oldest first
Apr 2, 2018 neutral
Redleaf: A bank charter's value comes from mispriced deposit insurance and forbearance
“The advantage of a bank charter, the value of a bank charter is access to mispriced deposit insurance and some bankruptcy insolvency forbearance. You know, you generally If you're insolvent, you won't be shut down immediately. You know, they'll have a memorand…”