Tuesday, February 26, 2013

Senator Warren: Why Isn’t Wall Street Paying Back Taxpayers For Being ‘Too Big To Fail’?

Senator Warren: Why Isn’t Wall Street Paying Back Taxpayers For Being ‘Too Big To Fail’?: During a Senate Banking committee hearing today, Sen. Elizabeth Warren (D-MA) grilled Federal Reserve Chairman Ben Bernanke on whether Wall Street banks should have to pay back U.S. taxpayers for the implicit funding advantage those banks receive by virtue of being viewed as “too big to fail.” According to a Bloomberg News study, big banks [...]/p