> The bill does nothing to make banks hold more capital. The bill also says that certain banks will be bailed out. As a result, they will have lower cost of b

> The bill does nothing to make banks hold more capital. The bill also says that certain banks will be bailed out. As a result, they will have lower cost of borrowing. Govt guarantees for financial institutions - what could possibly go wrong.... (And, no, the guarantees are not for depositors.)