Bank Losses Still Getting Worse

Is this becoming too big to bail out?

from WSJ:
Wall Street is growing concerned that financial firms including Citigroup Inc. are at risk of facing stiff losses from some complicated tax-related assets that could soon fall in value and hurt the firms' capital.
When lenders and financial firms book quarterly losses, as many have repeatedly during financial crisis, they are allowed to book credits against future tax bills they will face in the future once they return to profitability. Portions of those complex assets, known as deferred tax assets, or DTA, can be added to firms' capital, which serves as an assurance against losses for depositors, and against dilution