http://www.thedailybeast.com/blogs-and-stories/2009-09-21/which-bank-will-implode-next/?cid=hp:mainpromo5
The G-20 leaders will meet in Pittsburgh Thursday to discuss slashing banker bonuses, but they’re focusing on the wrong threat.
The G-20 leaders will descend on Pittsburgh Thursday for a two-day financial summit, just as they did in London this past April. Exactly nothing of note followed that meeting, and the assembled figureheads are already focused on the wrong thing for this one. E.U. leaders, including French President Nicolas Sarkozy and German Chancellor Angela Merkel, have been adamant about the global need to address bankers’ pay. Sarkozy even threatened to walk out of the meetings if no agreement is reached on the topic of compensation. (President Barack Obama has said that he hopes the banks will curb bonuses before being compelled to—as if that will happen.)
Nomi Prins argues that they should be more worried about which bank "too big to fail" will go under next.
LINK: http://www.thedailybeast.com/blogs-and-stories/2009-09-21/which-bank-will-implode-next/?cid=hp:mainpromo5
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