- but: the amount is arbitrary: why not more than...
- because: Irish govt. covers all deposits for 2 years
- because: in the U.S., a similar scheme caps the...
- because: more depositors will be covered instead of...
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- but: banks may take on even greater...
- because: banks can make profits with little or no...
The amount covered by HK's Deposit Insurance Scheme should be doubled to $200,000.
- but: banks may need to pay more in...
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- because: it may prevent a run on banks in times of...
- but: runs still occur; e.g. on BEA in Sept 2008
- but: better get money back quickly, so withdraw it
- because: people will have an incentive to save more...
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