http://www.nakedcapitalism.com/2009/02/bad-bank-assets-proposal-worse-than-you.html "So we the taxpayers are going to eat a ton of bank losses that should instead be borne first by stockholders and bondholders. This program should be labeled the Pimco bailout plan, since the giant bond fund holds a lot of bank debt. That shows what a fiction Obama's populism is. It's mere posturing and empty phrases. Look at where the dough goes, and it is going first and foremost to the big money end of town."