Frank Says ‘Death Panels’ Await Failing Banks Under New Law

U.S. Representative Barney Frank said the only death panels created by congressional Democrats will protect taxpayers from ailing financial companies, not ration care to sick individuals as Republicans have claimed.

“We do have death panels,” Frank, a Massachusetts Democrat, said today during a discussion on financial reform at Boston College. “Not for old ladies under health care reform, but for financial institutions under Dodd-Frank.”