Big Banks: The Consensus Is Cracking [View article]
Two changes that should alter behavior are:
1) All shareholders and bondholders have lost there entire investment prior to any taxpayer money being used in a bailout.
2) All Officers and Directors are forced to return any compensation received during their tenure with interest at the average 30-year T-Bond rate before any taxpayer money is used in a bailout. This would include any O/D that have left the company in the past five years.
Big Banks: The Consensus Is Cracking [View article]
1) All shareholders and bondholders have lost there entire investment prior to any taxpayer money being used in a bailout.
2) All Officers and Directors are forced to return any compensation received during their tenure with interest at the average 30-year T-Bond rate before any taxpayer money is used in a bailout. This would include any O/D that have left the company in the past five years.
A Summary of Q1 Bank Earnings: World, You Just Got Hustled [View article]