Massive shift of risk away from Wall Street and onto the back of the American taxpayer

"After putting up a relatively small amount of capital, institutions like Pimco, BlackRock, Legg Mason, Invesco and others of that ilk would have the opportunity to participate in 50% of future upside, should it occur. That, in turn, might entice them to pay above-market rates for the assets, which is very good for the banks. But it's hard to imagine any transaction where "everybody" wins - banks, investors and taxpayers alike. The bottom line is Geithner's plan represents a massive shift of risk away from Wall Street and onto the back of the American taxpayer. "

Wall Streets loves free money.

http://finance.yahoo.com/tech-ticker/article/217878/'Win-Win-Win'-vs.-'Robbery'-Wall-St.-Loves-Geithner's-Bad-Debt-Plan-But-Taxpayers-Should-Hate-It?tickers=WFC,GS,XLF,FAS,JPM,BAC,C?sec=topStories&pos=8&asset=TBD&ccode=TBD