Reinhart Says FDIC Would Make Bank Pay More Complicated: Video
Bloomberg
Jan. 12, 2010. 01:14 PM EST
Jan. 12 (Bloomberg) -- Vince Reinhart, resident scholar at the American Enterprise Institute, tal... More »
Jan. 12 (Bloomberg) -- Vince Reinhart, resident scholar at the American Enterprise Institute, talks with Bloomberg's Margaret Brennan about the Federal Deposit Insurance Corp.'s bid to help align bank pay practices with risk management by considering whether to link compensation with fees the agency charges lenders to support the fund protecting deposits. Reinhart also discusses reports that President Obama may raise as much as $120 billion through a fee on financial institutions to help recoup losses from the Troubled Asset Relief Program and reduce the deficit. (Source: Bloomberg) « Less
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