On: Joint statement by the Department of the Treasury,...

[331c8c71]

Doesn't matter. The rules are the rules.

[331c8c71 → 331c8c71]

There should have been

1) repayment of the insured amounts

2) liquidation of assets

3) repayment of the rest (likely with a haircut).

4) (optionally) a legislative reform (if the current system seems not adequate anymore)