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

February 22, 2013

“The banks occupying the commanding heights of the U.S. financial industry — with almost $9 trillion in assets, more than half the size of the U.S. economy — would just about break even in the absence of corporate welfare. In large part, the profits they report are essentially transfers from taxpayers to their shareholders.”

via Why Should Taxpayers Give Big Banks $83 Billion a Year? – Bloomberg.

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