[AndyJackson]

If issuing bank debt is such a great deal that we are fools to stand it and it is all for the benefit of nefarious bankers, then be a nefarious banker. It is easy as pie, just buy bank stock instead of bank debt..

To be a "nefarious banker," I need to have my own packed board of directors vote me a $100M pay package when I tank the stock because of bad loans.

[JasonC]

Wrong, you spoke of those who benefit from new credit issuance, and that is not restricted to inside dealing, which of course occurs in all companies for all corporate officers quite irrespective of whether any new credit issuance occurs, or whether they are in banking, or any of the rest of it. Meaning the crack is a pure red herring and a class warfare slur, and yet another proof that the entire line of rhetoric is just a new mode of all purpose slander of any kind of capitalist class enemy, and not a substantive policy discussion.