The problem, is that Obama wants to impose this tax/fee on banks that did not get/take bailout money. The banks have mostly paid the money back (interest free).
I have no problem with banks paying back what they agreed to pay. I like, but do not agree with the idea that they have to pay fees on the loan, like interest that they would charge a customer, and interest on the unpaid amount if its late. But there is no reason to charge other banks who took NO MONEY in the bailout. Also, there needs to be an end to fees, when the money and interest is paid back, just like any other customer. What the banks pay in bonuses, when all monies are paid back is nobodys business except the stock holders. I do think that NO BONUSES should be paid to any person in a bank UNTIL all monies are paid back to the treasury in full. Period. JMO.
I am not a banker but given that Obama and the federal government are looking to control banking why don’t other banks organize and fight the attempted takeover?