Surveillance: Citi's Fed Funds Forecast
Bloomberg Surveillance
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The Slow-Moving Crisis of Small and Medium Sized Banks
The bill we've heard is $23 billion at the FDIC incurred. It is not taxpayer funded bailout. It is JP Morgan funded bailout. How much is there going to be some sort of consequence to the major banks having a special assessment that leaves the FDIC hole? Right. And I can't imagine that JP Morgan, Citibank, all of the globally systemically important banks in this country are happy about this. But at the end of the day, it's going to be the American consumer who is going to take a hit because when Premier rise for banks eventually gets passed on to depositors.
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