“ A very good read …
The NPV of the vast majority of banks in the US is highly positive, with some exceptions. Absolutely no taxpayer bailout of common shareholders is needed. Current bank equity shareholders are, on the whole, perfectly capable of assuming the losses that were generated by them. All that’s needed is a set of accounting rules that allow banks to work off their losses over time.
The NPV of the vast majority of banks in the US is highly positive, with some exceptions. Absolutely no taxpayer bailout of common shareholders is needed. Current bank equity shareholders are, on the whole, perfectly capable of assuming the losses that were generated by them. All that’s needed is a set of accounting rules that allow banks to work off their losses over time.
