Obama Seeking Tax on Biggest Banks

From Yahoo news.

"A senior administration official said the tax, which officials are calling a "financial crisis responsibility fee," would apply only to financial companies with assets of more than $50 billion. Those firms — estimated to amount to about 50 institutions — would have to pay the fee even though many did not accept any taxpayer assistance and most others already paid back their government infusions.

The official said banks could pay for the tax by tapping their generous executive bonus pools. The administration official described the plan in a conference call to reporters Wednesday evening on the condition of anonymity because it had not been officially announced."