there should be zero catastrophic risk which is assumed by american taxpayers. american taxpayers are already saddled with the bank risks. they do not need to take on any risk for this industry. this industry consistently shifts all its industry costs onto american taxpayers. it is clear that this needs to be stopped. an industry cost is an industry cost should be paid for by those in the industry. this catastrophic risk element cannot be assumed by the american pbulic. i also wonder why the american pbulic is not allowed to comment on these policies which seem to pass the risk on to them. its like a bill for somethign you never even knew about,. that means a scam is going on.
Comment on FR Doc # 2011-20850
This is comment on Proposed Rule
Catastrophic Risk Protection Endorsement
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