The Bank Doctorine policy allows banks and financial institutions to
rob individual citizens and the
government to pay for excessive excutive bonuses and golden parachutes, at minimal cost.
Under the Bank Doctorine politically connected financial institutions are too
big to fail, and too
big to be punished. This is especially true during election years when politicians need to attract large donors with reliable sources of income.
It is facilitated in part by financial interests that rotate in and out of regulatory and governing bodies.
The Bank Doctorine makes it possible to avoid
capitalism, market corrections, and criminal procecution. This
way the banks have an incentive to give the public the worst
deal possible.