Mad Scientist
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December 23, 2013, 05:25:06 PM

This directive will introduce the “bail-in” principle by January 2016, thereby ensuring that taxpayers will not be first in line to pay for bank failures."
Bail-In means the Depositors accounts will be taken first, THEN the Taxpayers pay for a Bail-Out so yeah, they're not first in line.

John Corzine times many thousands.