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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Skeeter Bug who wrote (104911)	9/9/2009 4:39:37 AM
From: Elroy Jetson	Read Replies (1) \| Respond to of 110194

Since the FDIC and taxpayer are on the hook for bank losses, you have to decide whether it will be cheaper to have the FDIC take-over a bank and pay-off on the insurance, or play "let's pretend the bank is still solvent". Paulson's game of let's have the taxpayer fund the bonuses of bankers who have destroyed their bank and bail-out their shareholders was indeed over the top. But apart from those examples of loot the taxpayer, the question still remains which is the cheapest way to address the continuing years of losses ahead for the banks. .