Avoid Bank Failures Without a Bank Subsidy

Reader comment on: Bloomberg on Banks

Submitted by David Weinkrantz (United States), Jun 19, 2012 19:17

Hold senior bank officers jointly & severally liable for the liabilities of the bank in the event of its failure. I believe the bank officers would then the manage the bank in such a way as to avoid a bank failure.

The investment banks used the same system with great success back when they used to be partnerships.

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Title By Date
Why any subsidy?
[w/response] [90 words]		Joe VencilJun 21, 2012 07:47
Excellent Idea [22 words]LiberatedCitizedJun 20, 2012 15:49
⇒ Avoid Bank Failures Without a Bank Subsidy [58 words]David WeinkrantzJun 19, 2012 19:17
Why the strange rejections by your system [39 words]John GillisJun 19, 2012 18:28
Try Laissez-faire [67 words]John GillisJun 19, 2012 18:26
Once upon a time. [76 words]LyleJun 19, 2012 16:53
No FDIC insurance for investment banks [47 words]Jan TwardowskiJun 19, 2012 15:30

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