re: #579 3 wood

My concern (among many) is how does the gov’t close the barn-doors once they’ve opened it?

In other words, how to not repeat the Lehman mistake ( of selective salvation)? Will there be a time limit on submitting “bad” debt to the Bad-debt Bank (BDB)? What if a bank thinks a loan is fine now, only to discover in 12 months that somebody lied and all of a sudden that loan is understood to be “bad”? Will the doors to the BDB still be open in 12 months? In 24 months? In 10 years?

What is the upper limit?