Desperate banksters

Bill Black:

The [Ecuadoran] legislature has given preliminary approval to a bill that would impose an excess profits tax on banks and limit the compensation of bank executives. The four largest banks (with over 80% combined market share) responded with a coordinated email campaign to every depositor implying that the legislation would place their deposits at risk.

Yes, they are actually threatening to induce a run on their own banks if their compensation is limited.

Zomg! Buy our bullshit or we shoot this bank!