FDIC Sheila Baird Says Banks Should Have To Pay Larger Fees For Risky Trading

FDIC Chair Sheila Baird said earlier today that banks should have to pay larger fees for taking on more risks. For example, investment banks that have a large proprietary trading operation like Goldman Sachs (NYSE: GS) would have to pay larger fees for taking on the additional risk.

She thinks this would help solve the problem of "too big too fail." The fees would act as a way to discourage banks from taking on too much risk.