Wall Street’s Subsidy Safety Net

Studies by the Federal Reserve and IMF say big banks are getting better borrowing deals because of the implicit promise of government bailouts.

by

TAP depends on your support

We’ve said it before: The greatest threat to democracy from the media isn’t disinformation, it’s the paywall. When you support The American Prospect, you’re supporting fellow readers who aren’t able to give, and countering the class system for information. Please, become a member, or make a one-time donation, today. Thank you!