With Next Crash on ‘Horizon,’ Banks Can’t Be Bailed Out: Perry

“If I am elected president of the United States, we will not bail out a single bank on Wall Street,” Republican Rick Perry says in speech in New York City.

  • Small, big banks need level playing field, new rules needed to make it less likely banks will fail, ex-Texas governor says
  • Fed rule announced last week “points us in a promising new direction”
  • Congress should wind down Fannie, Freddie
  • Instead of Wall Steet paying price in last financial crisis, it was average Americans who “were screwed”
  • Fact Sheet on Proposals

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