You are only insolvent if you have $160B in withdrawals. If the deposits sat until the bonds matured, the $150B in currently liquid assets would be worth more than $150B.
How would the strict separation between savings deposits and investment banking from Glass-Steagull (1933) (which was repealed by GLBA in 1999) banking regulations have prevented this?
> Yeah what was the deal with that dotcom correction in the early 2000s? Did banks invest differently after GLBA said that they can gamble against peoples' savings deposits (because they created a 'sociallist' $100b credit line, called it FDIC, and things like that don't happen anymore)
