Comments on: Did the FDIC really kill the repo market? http://blogs.reuters.com/christopher-whalen/2011/06/27/did-the-fdic-really-kill-the-repo-market/ Sun, 22 Apr 2012 12:14:58 +0000 hourly 1 http://wordpress.org/?v=3.4.2 By: PerKurowski http://blogs.reuters.com/christopher-whalen/2011/06/27/did-the-fdic-really-kill-the-repo-market/comment-page-1/#comment-948 PerKurowski Tue, 28 Jun 2011 13:18:15 +0000 http://blogs.reuters.com/christopher-whalen/?p=469#comment-948 Also, these days the bank regulators, by establishing special rules for the G-SIFIs, the globally systemic important financial institutions, and awarding them a formal “too-big-to fail” franchise, priced at a modest 1 to 2.5 percent of capital increase, payable over several years, are de-facto decreeing all other as “global systemic irrelevant financial institutions”, which can only mean that the small banks don’t stand a chance… bye bye! Now indeed we will have a 110% moral hazardous financial system! The safest thing to do might be to take cover… in the shadows! http://www.youtube.com/watch?v=nA35telp2kc&feature=player_embedded Also, these days the bank regulators, by establishing special rules for the G-SIFIs, the globally systemic important financial institutions, and awarding them a formal “too-big-to fail” franchise, priced at a modest 1 to 2.5 percent of capital increase, payable over several years, are de-facto decreeing all other as “global systemic irrelevant financial institutions”, which can only mean that the small banks don’t stand a chance… bye bye!

Now indeed we will have a 110% moral hazardous financial system! The safest thing to do might be to take cover… in the shadows!

http://www.youtube.com/watch?v=nA35telp2 kc&feature=player_embedded

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