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    Back to To the Point

    To the Point

    Getting the Biggest Bang from the Next Bailout

    Big chunks of America's biggest banks are now owned by the taxpayers and, with billions more bailout money to come, they're going to own more. The Obama Administration is faced with a major question: with federal ownership on the increase, should there be more federal control?

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    By Warren Olney • May 12, 2014 • 1 min read

    Big chunks of America's biggest banks are now owned by the taxpayers and, with billions more bailout money to come, they're going to own more. The Obama Administration is faced with a major question: with federal ownership on the increase, should there be more federal control? The President says he won't subsidize failure by allowing bailout money to pay for executive bonuses. Does he need to do more? Should he nationalize the banks and dismiss the architects of failure? Buy up those “toxic assets?” Cut the size of banks so they're not “too big to fail?” What's the best way to get the biggest bang for the next bailout?

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      Warren Olney

      former KCRW broadcaster

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      Christian Bordal

      Managing Producer, Greater LA

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      Sonya Geis

      Senior Managing Editor

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      Michael Shnayerson

      Contributing Editor, Vanity Fair

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      David Smick

      global financial market strategist

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      Barry Ritholtz

      Fusion IQ

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