Lex Talionis
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User ID: 56331757
 United States
07/25/2015 11:38 PM
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Report Copyright Violation | Fed directs 8 biggest US banks to hold extra capital to reduce chance of future bailouts Greece learned first hand what it means when the banks ran out of cash reserves. WASHINGTON (AP) — Federal regulators are directing the eight biggest U.S. banks to hold capital at levels above industry requirements to cushion against unexpected losses and reduce the chances of future taxpayer bailouts.
The Federal Reserve's action Monday means the eight banks together will be required to shore up their financial bases with about $200 billion in additional capital. The requirements also are aimed at encouraging the Wall Street mega-banks to shrink so they pose less risk to the financial system. The banks include JPMorgan Chase, Citigroup and Bank of America. [ link to www.usnews.com] "Tolerance is the lube that helps slip the dildo of dysfunction into the ass of a civilized society." Plato |
Uncle Fuck Stick
User ID: 69794923
United States
07/25/2015 11:45 PM
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Report Copyright Violation | Re: Fed directs 8 biggest US banks to hold extra capital to reduce chance of future bailouts  :4hlick: |
Kira mai Kadwalladyr
User ID: 34796550
United States
07/26/2015 12:51 AM
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Report Copyright Violation | Re: Fed directs 8 biggest US banks to hold extra capital to reduce chance of future bailouts too from me |
Anonymous Coward
User ID: 50972766
United States
07/26/2015 08:21 PM
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Report Copyright Violation | Re: Fed directs 8 biggest US banks to hold extra capital to reduce chance of future bailouts
too from me too from me |
