Matthew Yglesias

Matthew Yglesias @mattyglesias

It seems telling that the “we need to avoid any depositor haircuts to avoid a national bank panic” argument emerged only after a full day of arguing for zero haircut on a different, illegal and factually inaccurate basis. — PolitiTweet.org

Matthew Yglesias @mattyglesias

@EpsilonTheory @felixsalmon I understand that temperatures are running high as people try to avoid losing any money due to their own errors of business judgment, but instead of making things up this is what I think about expanding deposit insurance. — PolitiTweet.org