does anyone know what would happen to the lenders of the bank after it becomes bankrupt, they lose their life savings right. doesnt make jim's plight as ethical when millions of family's lose their college fund, or retirement fund or life's savings just because jim's old man killed themself
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Jim says a lot of the bank's money was absorbed by the market, but the rest was "redistributed." Much of the $50 billion the bank had was profit from land seizures and the like. At the end we see the couple involved in the lawsuit amazed to find $700,000+ in their account, so I believe Jim gave the lenders their money back and the rest of the bank's profit just disappeared in the market.
First, suspend belief to watch fictional films, or don't watch them. AND, the people could/ would probably have their savings backed/ guaranteed by the Reserve, or some such.
sharePlus, they mention somewhere in the movie that the bank doesn't have small accounts any more. They keep closing them down by asking them to move to another smaller bank down the street, and only keep the big depositors.
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