CBC News - Money - Bailouts should be borne by banks: Carney: "Bank of Canada governor Mark Carney backs proposed new international rules that would make banks and their shareholders and creditors — not governments — pay the cost of any future financial crisis like the Wall Street money crunch that triggered the recent recession.
Carney said Tuesday that the bailout of many big banks around the world created a moral hazard that, if left unchecked, will distort behaviour and inflate costs"
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