“Instead of hitting the industry with a huge one-time fee, which would hurt profits and stock prices, and instead of running hat in hand to the Treasury for a direct bailout, which would force Sheila Bair to genuflect before Tim Geithner, the FDIC will borrow tens of billions of dollars from banks.”
is this surreal or what?
this is like me loaning State Farm or Geico money so they can insure me against loss
