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Banks receive a huge (implicit) tax payer subsidy through "Too big to fail rules", deposit insurance, emergency liquidity ... The minimum we, taxpayers, ask is that banks do not put the global financial system at risk again due to their lack of capital.
RT @adam_tooze: "Jamie Dimon, CEO of JPMorgan, has warned US lawmakers that capital requirements for large banks pose “a significant economic risk” that is curtailing their capacity …
