Better Have $50 Billion in Assets, If So You are Likely to be Deemed “Systematically Important” and Worthy of a Bailout

Now for you banks, insurance companies, hedge funds, etc. which don’t reach this threshold, you’re going to have problems. You see the “systematically important” banks under Dodd-Frank have a huge advantage over you. Because they now have a standing bailout promise they will be able to borrow at rates lower than you piddly banks still subject to the cold winds of the marketplace.

Have fun competing.

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