More in the Dodd bill: Contrary to FDIC chief Sheila Bair's call (and measures in Barney Frank's...

|By:, SA News Editor
More in the Dodd bill: Contrary to FDIC chief Sheila Bair's call (and measures in Barney Frank's House bill) to require banks to prepay an insurance fund for resolutions, Dodd's would have taxpayers go first, and later recoup the cost from banks. The Dodd bill would establish a consumer financial protection agency. (a quick summary)