Summary: They (not sure who "they" is) want banks to borrow money for the sole purpose of not paying it back if they fail. Then when they fail, instead of the

Summary: They (not sure who "they" is) want banks to borrow money for the sole purpose of not paying it back if they fail. Then when they fail, instead of the FDIC bailing out customer, those people who loaned money to the bank will lose their money instead. To me this seems foolish: The interest the bank will have to pay to convince someone to be the "designated target" might as well just be charged by the FDIC and skip the rigamarole.