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So soon after the Wall Street rescue, there seemed little public or political appetite for another taxpayer bailout.
Indeed, the 208-page report describes its proposed solution to avoiding another taxpayer bailout as "more moderate".
DealBook » Insurers Inflating Books, New York Regulator Says | New York regulators say life insurers are putting policyholders at risk and could cause another taxpayer bailout.
The ringfencing proposals, along with demands by international regulators in Basel, Switzerland, for banks to hold more capital, were a "decent start" to stop another taxpayer bailout.
In some ways, she was just another taxpayer caught in an auditor's web, said Stefan Tucker, a partner at Venable, a tax specialist in Washington.
In January 2001 the I.R.S. cited the $50 million for the quartet as a guideline in valuing at least one other Stradivari instrument for another taxpayer.
Similar(29)
But raising that additional capital would be politically perilous because it would probably require another taxpayer-financed bailout.
The gradual increase may be designed to deflect criticism that the increase is part of another taxpayer-financed bank bailout.
David Fleming, national officer at Unite, said: "Another day, another taxpayer-backed bank announces positive results with no acknowledgment of the price ordinary people are paying for their rescue".
The managing director of SPC Ardmona, Reg Weine, told the ABC last month that SPC was investing $100m in new technology in order to make it "more efficient and innovative" and ruled out asking for another taxpayer-funded bailout again.
Managing director Reg Weine told the ABC last month that SPC was investing $100m in new technology in order to make it "more efficient and innovative", and ruled out asking for another taxpayer-funded bailout ever again.
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