Re:Why Should Taxpayers Give Big Banks $83 Billion a Year?
by nickik on Friday February 22, 2013 @08:17AM
(#5264071)
> Separate investment banking from banking.
Funny you say that. The banks that where baild out, where investment banks, the hole reason for such a rule was that normal banks would get bailed out and investment banks would.
But since its not actually about helping the people to bail out banks it did not matter.
Funny you say that. The banks that where baild out, where investment banks, the hole reason for such a rule was that normal banks would get bailed out and investment banks would.
But since its not actually about helping the people to bail out banks it did not matter.
> It was done in the past, and worked.
Where? Almost every big bank that failed was saved in some matter investment or not, look at the To big to fail book (or listen to this podcast by the author http://www.econtalk.org/archives/2009/10/gary_stern_on_t.htm...).