Can you tell me why we shouldn't incorporate/charter a few new large banks, capitalize them with the trillion or so in TARP funds thus generating ten trillion in immediately lendable funds, using the customary leverage ratio for sound banks. Why not let the chain letter of 60 trillion in CDS alchemy go down the tubes.

The new banks will have ample empty office space, with computers and cables and office furniture already in place right after the huge fire sale?

Why prop up B of A and Citi and all the hyenas?