Re:How Low Can Central Banks Go? JPMorgan Reckons Way Lower
by TheOtherHobbes on Wednesday February 10, 2016 @09:12PM
(#11077794)
The way it actually works is that if the value of a bank to society is less than the profit the bank wishes to make, even after making stupid and bad business choices, taxpayers need to make up the difference.
Hence "screwed."