Federal Bank Regulator Drops a Bombshell as Corporate Media Snoozes.

[In the business world I come from this is called a "New Tears eve party". The owners pull all of the cash out of a company just before it goes out of business.]

" . . . the 10 largest banks in the country “will distribute, in aggregate, 99 percent of their net income on an annualized basis,” by paying out dividends to shareholders and buying back excessive amounts of their own stock [instead of making loans.]'

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