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Fed’s Kocherlakota: Tax Banks Based On Risk They Create

On a day when European authorities place in house a massive bailout plot to rescue their beleaguered economies, a Federal Reserve official said bailouts are inevitable and banks should be taxed based on the level of systemic risk they make.

Fed’s Kocherlakota: Tax Banks Based On Risk They Create

Fed’s Kocherlakota: Tax Banks Based On Risk They Create

Fed’s Kocherlakota: Tax Banks Based On Risk They Create Fed’s Kocherlakota: Tax Banks Based On Risk They Create Fed’s Kocherlakota: Tax Banks Based On Risk They Create Fed’s Kocherlakota: Tax Banks Based On Risk They Create

Fed’s Kocherlakota: Tax Banks Based On Risk They Create

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