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Unformatted text preview: The cost of the bailout has been estimated at over $500 billion over forty years. Possible Reforms eliminate deposit insurance entirely lower the limits on the amount of insurance allow deposit insurance only at "narrow banks" that invest only in virtually risk free assets like T-bills provide deposit insurance by private insurers] base deposit insurance premiums on risk eliminate branching restrictions use market-value accounting for capital requirements...
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- Fall '09
- Personal Finance