YSK: THE END OF ‘TOO BIG TO FAIL’?

The big banks are gearing up for a showdown in London on Friday.

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Divided into teams, shirts and skins, they will square off in a battle to the death (note: not true). They will bicker over new global banking policies. Ones that are supposed to ensure taxpayers are never left holding the bill for asshole bankers and their corrupt banking practices. The so-called ‘too big to fail’.

In simple terms, Germany and its old enemy ally America will face off against screwballs like Japan and France that support more lenient banking rules. Muuuuuuch smarter people (I’ll assume) over at Forbes have much more to say about it…. Good thing I bough all those bitcoins! *D’oh!*