Once again the banks(taking a page from the drug companies playbook) are running ads against the new increase in capital requirements. It is bad enough they have stopped any limits on their steadily increasing derivative books, now they don’t want even the slightest reeling in of their levels of leverage. Of course, it may limit their earnings growth and stock prices but they have gotten away with this shit for decades and endangered the banking system, the economy and the entire population. Isn’t the hundreds of millions in stock compensation that these parasites have garnered, enough? Apparently not.

Eight Wall Street Mega Banks Have Teamed Up to Run Television Ads in a Bogus Scare Campaign