EFTA01120567Set 9
2013-01-1716p7,602w
Fargo asking them why they hadn't fully disclosed their
secret borrowing. All five megabanks essentially replied, to varying degrees of
absurdity, that their massive borrowing from ... three years ago — about 50 basis points, or half a percent. "These megabanks still
receive subsidies in the sense that they can borrow on the capital markets at a discount ... need to," says Sen. Brown,
who is drafting a bill to break up the megabanks.
Worst of all, the Implicit Guarantee has led to a dangerous shift in banking behavior
https://www.justice.gov/epstein/files/DataSet%209/EFTA01120567.pdf
EFTA01187039Set 9
2013-06-2321p10,188w
about the availability of government support, broadly defined, when bad things happens -
enabling the megabanks to borrow more cheaply than would otherwise be the case. Goldman Sachs
has downside protection ... Goldman also argues that the funding
advantage for megabanks today is smaller than it was in the crisis, indicating that there is no longer a
TBTF issue in the minds
https://www.justice.gov/epstein/files/DataSet%209/EFTA01187039.pdf
EFTA01144442Set 9
6p2,497w
EFTA01144442
The bill only has such tough requirements for just those few megabanks, which sounds unfair,
except that the aim of the bill, precisely, is to level the playing field
https://www.justice.gov/epstein/files/DataSet%209/EFTA01144442.pdf
EFTA01144413Set 9
2013-05-1220p12,056w
current amount.
The bill only has such tough requirements for just those few megabanks, which sounds unfair, except
that the aim of the bill, precisely, is to level the playing
https://www.justice.gov/epstein/files/DataSet%209/EFTA01144413.pdf
EFTA00690810Set 9
2013-03-3113p8,097w
aligned," he wrote.
David Komansky: Former Merill Lynch CEO, David Komansky, is another former megabank CEO
calling for the breakup of "too big to fail" banks, according to Simon Johnson
https://www.justice.gov/epstein/files/DataSet%209/EFTA00690810.pdf