Banks take your money and loan it out 10X and then pay your money back from new money deposits. This is not a legitimate business. This is a Ponzi scheme. 
Discussion
Their reserve requirement is 0% as of March 2020. π«
And they were not even thinking about thinking Β―\_(γ)_/Β―
Itβs a legal, government backed ponzi
If youi would go to jail for doing the same thing, then it's fraud. If you would go to jail for printing infinite money, it's fraud.
It okay guy didnβt you hear management was able to sell millions in stock right before the FDIC takeoverβ¦
!!!!BASTARDS!!!!