Building An Ark: How To Protect Public Revenues From The Next Meltdown
October 13, 2014 at 12:45 PM EDT
Concerns are growing that we are heading for another banking crisis, one that could be far worse than in 2008. But this time, there will be no government bailouts. Instead, per the Dodd-Frank Act, bankrupt banks will be confiscating (or “bailing in”) their customers’ deposits.
