Too Big To Pay for their mistakes, today’s signing was a triumph over taxpayers by the monster banks. They even stopped a microscopic fee from being added during non-crisis times to pay for the janitors when the mess inevitably happens again.
Can we have a show of hands for those who think that if/when Citi craters, the Congress or White House will be able to impose a fee to pay for the cleanup?
That’s right – nobody believes anyone other than taxpayers will pay when the crisis comes.
Posted by hhill51 
