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9 hours ago

Musical Chairs With Bank Capital Is A Fake Safety Net For Taxpayers

Musical Chairs With Bank Capital Is A Fake Safety Net For Taxpayers

When a bank falls, taxpayers may be on the hook to pick it up. Getty "Regulatory Arbitrage Within the Firm" by Dr. Nicola Cetorelli and Assistant Professor Shohini Kundu is a sobering read. In this Federal Reserve Bank of New York Staff Report the... Read more.

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