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S Illinois | A more apples to apples comparison would be if ILFF farmed 35 million acres and went broke and also was insured by the the other 35 million acres farmer next door and took them down too. These large banks are sitting on 10-20% of US deposits and are cross insured and interconnected to eachother. So their demise would definitely by problematic. ILFF going down was like a small town 3 branch bank going down. Not many ripple effects from that. | |
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