If a bank's too big so that it can't fail without hurting our economy, well then, it's too big.
Sentiment: NEGATIVE
The only way to make sure no bank is too big to fail is to make sure no bank is too big.
At least Bank of America got its name right. The ultimate Too Big to Fail bank really is America, a hypergluttonous ward of the state whose limitless fraud and criminal conspiracies we'll all be paying for until the end of time.
We need to think deeply about whether we can sustain banks that are not only too big to fail, but potentially too big to bail.
Limits should be placed on how big big banks can become.
Capping the size of American banks won't eliminate the needs of big businesses; it will force them to turn to foreign banks that won't face the same restrictions.
As long as the big banks are allowed to remain big, their political leverage over Washington will remain big. And as long as their political leverage remains big, the taxpayer and economic tab for the next mess they create will be big.
As long as there is cash, and the economy is running, all is well. But as a bank, we'll have to test, experiment, try a hundred different things. A few may work, a few may fail, but we have to experiment and try.
If a financial institution is too big to fail, it is too big to exist.
I don't think there's anything inherently wrong with a bank being big. In fact, there are some good arguments about universality of geography that in theory, if you have all your eggs in one little community, and some big employer goes out, that could be your downfall.
Forget about banks that are too big to fail; the focus should be on cities, municipalities and countries that are too big to fail.