Why Should Taxpayers Give Big Banks $83 Billion a Year? - Bloomberg

Why Should Taxpayers Give Big Banks $83 Billion a Year? - Bloomberg
Banks have a powerful incentive to get big and unwieldy. The larger they are, the more disastrous their failure would be and the more certain they can be of a government bailout in an emergency. The result is an implicit subsidy: The banks that are potentially the most dangerous can borrow at lower rates, because creditors perceive them as too big to fail.