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Banks need to return subsidy
Boston Globe - Boston, Mass.
Subjects: Repayments; Economic policy; Competition; TARP funds; Banks
Author: Hurley, Cornelius
Date: Jan 27, 2010
Start Page: A.13
Section: Opinion
Abstract (Document Summary)

Rather than paying an arbitrary and temporary TARP bank fee, banks considered to big to fail should be required to return every dollar of the subsidy, which is the direct result of having achieved such a level of size and complexity that their very existence poses a threat to the financial system and the economy.

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