Relevant:
- Five Largest Banks 'Should Be Broken Up': Fed's Fisher
- Dallas Fed's Fisher: "Too Big To Fail" The Biggest Problem; Now Worse Than Ever
- NYAG Cuomo warns nine banks about bonus payments
- U.S. regulators fail 'living wills' at five of eight big banks (BUT ALL UNOFFICIALLY FAIL)
- Bailouts Of Bondholders Will Sock Taxpayers With $10-$14 Trillion Loss
2012-05-03 — globaleconomicanalysis.blogspot.it
Fisher said "taxpayer aid to failing banks should come only after the voiding of all employment and bonus contracts ..."
I say taxpayer aid to banks should never happen. Banks and bondholders should take the hit.
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