Matterhorn Asset Management

Take the following ingredients:

A banking system which is on the verge of collapse
Add a few $ trillion of government liquidity and guarantees
Inject $ 100′s of billions in loans and capital
Keep all the bank management that have caused the crisis
Pay them astronomical bonuses because otherwise they might be snapped up by a bankrupt competitor
Change the method for valuing the banks toxic and worthless assets so that they can publish hocus pocus  increases in profits
Construct a stress test that all banks can pass, some with minor capital injection

Let some of the banks repay the government money to make the markets believe that the banking system has been saved and is sound

And what
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