Why are you having this temporary liquidity need . Many times it is because you are insolvent or perceived to be insolvent, so you get this liquidity. Where does this capital come from . How is that different from a small or mediumsized enterprise . They are taken in. Creditors are subject to loss. You can dodd frank choose not to believe it, but the law says the shareholders are going to get wiped out. That what it says. Who putthe creditors the debt in, knowing it secondary capital, are going to take a loss. Creditors can flee. They can go, and they will. They are protected. If i am a regional bank, i dont have that assurance. Effect ofve the favoring one group over another. I think the intent is to make sure shareholders and creditors. Re at risk some creditors. Shareholders in some creditors are at risk. Insolvency or a wind down is the last resort. Let hope we dont get there, but in the meantime, the defensive mechanism is capital. We heard from sheila bair who said the bank still
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