Secret bailouts for giant failing banks of the future?

Big banks will not be forced to downsize and the public will be the last to know when they fail, a controversial bill unveiled by U.S. Treasury Secretary Timothy Geithner and Congressman Barney Frank proposes. The long-awaited "too big to fail" legislation was roundly criticized during a congressional hearing Thursday as a nod to the biggest financial firms in the U.S. "This is TARP on steroids," said Rep. Brad Sherman, a Democrat, referring to the U.S. Treasury program that gave trillions to financial companies.