Often start-up banks rely on brokereddeposits to get their businesses moving and then wean themselves off them.
FORBES: Bad News Banks
2.
It accepts brokereddeposits and then invests that money in high-quality vehicle loans made to GM customers and dealers.
FORBES
3.
"All deposit insurance is a moral hazard, and brokereddeposits are a moral hazard, squared, " says Alex Pollock, a former head of the Federal Home Loan Bank of Chicago and now a fellow at the American Enterprise Institute.