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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?

  • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

    Warren Olney

    former KCRW broadcaster

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    Christian Bordal

    Managing Producer, Greater LA

  • Sonya Geis with wavy brown hair wearing a black dress with red accents and decorative earrings against a white background.

    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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