Lending Taxpayer Funds to Investment Banks and Hedge Funds is Suicidal for Taxpayers

Dear Honorable Senators,

Investment Banks (IBs) are highly leveraged entitles that borrow, mostly taxpayers’ funds, to trade savings of hardworking Americans.

Commercial banks are also highly leveraged. But they provide an immense service to society by short-term deposits and debts to lend long-term to homeowners for living and to corporations for creation.

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