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[Banking Lobby] '..wants taxpayer to bail [them] out..'

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<blockquote>'Ackermann wants taxpayer to bail him out..'

- Mike "Mish" Shedlock, In Galling, Pathetic Whine, Deutsche Bank CEO Warns Against Opening "Pandora's Box", September 25, 2011



'..Schmitz is pleading for passage of the EFSF to dump losses made by stupid risk-seeking banks on the backs of overburdened taxpayers. The "private investors" he wants to bail out are the banks and the bondholders.'

- Mike "Mish" Shedlock, German Banking Group Warns of Contagion, Requests Taxpayers to Take Hit for Stupid Loans Made by Stupid Banks, September 25, 2011</blockquote>