5. The Fed should IMMEDIATELY buy all the securities/debt the bank owns at near par, which should be enough to cover most deposits. Any losses paid for in equity and new debt from the new bank or whoever buys it. The Fed knew this was a risk. They should own it
"We are no longer tolerating ANY excuse for calling off. If you’re sick, you need to come prove it to us."
An Overland Park restaurant manager sent a harsh message to employees about taking time off and was subsequently fired.
https://t.co/m1cchYHbri