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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Madharry who wrote (36457)	1/14/2010 9:46:13 AM
From: Spekulatius	1 Recommendation Respond to of 78748

re Bank fee's. Interesting development that has received amazingly little attention. Charged over 10 years that would 12B$/year. I am hearing only institutions larger than 50B$ will be charged and the fee will depend on assets (maybe wholesale lending). Not a bad idea if you make it repressively more expensive to become bigger. This could help solve the "too big to fail problem". Obama to propose bank fees to recoup bailout funds WASHINGTON (Reuters) – President Barack Obama on Thursday will propose major U.S. financial firms pay a fee to protect taxpayers from up to $117 billion in losses on a bank bailout that has spurred fury at Wall Street excess. news.yahoo.com