How to Unfreeze Bank Lending - WSJ.com

The WSJ proposes a plan whereby bank debt would be guaranteed for a period of time. One of the better ideas out there, but still worry about the moral hazard problem. Is 10% enough? See below.How to Unfreeze Bank Lending - WSJ.com: "...the Federal Reserve should guarantee most of the short-term borrowing of well-capitalized banks for a small fee.....Here's how the guarantee might be structured