|Dallas Fed: Why We Must End TBTF Now!|
|ZeroHedge, 01/05/2012 (traduire en Français )|
How the Dallas Fed sees the world with TBTF...
Why TBTF is impacting everyone adversely...
And why we shoould feel bad for the Fed...(or not)
Le document complet est dans le lien sur ZeroHedge.
|Dallas Fed Proposes Ending "Too Big To Fail", Urges Removal of Failed CEOs, Breakup of Banks|
|Mish's Global Economic Trend Analysis, Mike Shedlock, 02/05/2012 (traduire en Français )|
Richard Fisher, governor of Dallas Fed wants to end "Too Big To Fail" and Urges Removal of CEOs of Bailed-Out Banks
The Federal Reserve Bank of Dallas said taxpayer aid to failing banks should come only after the voiding of all employment and bonus contracts and the removal of chief executive officers and boards of directors.
“A set of harsh, non-negotiable consequences” for requesting U.S. Treasury assistance might also include “clawbacks” to gain cash and stock bonuses paid the top management team during the prior two years, the Dallas Fed said today in a slide presentation on its website.
The proposal reflects Dallas Fed President Richard Fisher’s view that large U.S. banks need to be split apart because they operate with an implied government safety net that puts their risks of failure on taxpayers.
End Too Big to Fail Now
Please consider the Dallas Fed Slideshow Why We Must End Too Big to Fail – Now