Here’s Your Talking Points For The Anti-Bank Bailout Revolution:When the big banks come crawling back, screw ’em!
The Daily Bail
Oct. 28, 2010
Don’t get slapped in the face by the irony.
As you find yourself rooting against the banks, be prepared when the too-big-to-fails come begging for taxpayer help, because as we’ve been warning, a hastened request for TARP v. 2.0 is on the way. So let’s see if we can get everyone following the same playbook before it happens.
This is the issue we need to remain aware of – the more banks suffer from mortgage putbacks and foreclosure fraud, the more likely it becomes that a second round of taxpayer assistance is requested next year by Geithner’s replacement at Treasury. Chris Whalen has been warning for weeks — here, here, and here — that 2011 will bring another round of bank bailouts.