Hoenig: If public money needed, taxpayer should be put first Hoenig: Bank bailouts distorting economy, prolonging crisis Fed's Hoenig: Some big banks should be allowed to fail
after decrypting the message we found out that the subliminal idea was: with the exception of GS all big banks should be allowed to fail and eventually have of their valuable assets sized up by GS with the help of the fed and government at tax payer expense.