$83 billion a year taxpayer subsidy for some Wall Street institutions

By Stew Webb
In a recent speech Senator Elizabeth Warren claimed since 2008 Bank Bailout taxpayers are paying $83 billion a year taxpayer subsidy for some Wall Street institutions,
because they were so large that they could safely rely on a government bailout in the event of a future crisis,
and were therefore able to take bigger risks and commit more frauds than rivals.
Warren also cited research suggesting the crash had cost up to $14 trillion or $120,000 for each American household.

http://www.scribd.com/doc/184480946/DallasFed-staff1301-July2013

DallasFed_staff1301_July2013

http://dallasfed.org/assets/documents/research/staff/staff1301.pdf

http://www.warren.senate.gov/

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