jducoeur

You completely missed my point. I do not mean commercial banks that take individual deposits that are insured up to $100K per account. I said investment banks, like Goldman Sachs. What happens if these institutions are allowed collapse? What happens when your employer cannot get credit to continue manufacturing widgits and therefore has to layoff all everyone in the company? What if the same thing happens to 20% of all US employers? Or to 50%?