Relevant:
2013-11-03 — marketwatch.com
``Letting the banks use insured deposits to fund these swaps lowers the banks' costs now, and it puts the financial system at risk by giving the impression that the FDIC (and ultimately the Treasury) could protect creditors if the trades go sour, as they often do. Beneficiaries of the bill would include Citigroup, J.P. Morgan JPM and Bank of America BAC. ''
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