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ErikInvest t1_jeawcj1 wrote

You never worked in a bank before. Only bank bought another bank like ubs with cs but only with force of state government behind. Or your debit against that bank will be zero.

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X_Fiery_Jack_X t1_jeb60uc wrote

Lol I fucking work in a bank. It being a bank has no bearing whatsoever it’s an asset the bank owns and can sell to whoever they want. If the bank fails it’s assets like properties, equipment and yes loans will be sold off to pay the bond holders and other first tier folks. Equity is wiped out but you still owe money and that obligation will be sold to someone else who will come after you bank or not.

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