If a financial institution is too big to fail, it is too big to exist.
Sentiment: NEGATIVE
If a bank's too big so that it can't fail without hurting our economy, well then, it's too big.
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.
A financial institution has the task of taking risks, and if it's a well run institution - say, Goldman Sachs - it tries to cover the potential losses to itself, but only to itself.
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.
We talk about institutions that are too big to fail - I think the story is as much about people who think they are too big to fail.
We support too big to fail. We want the government to be able to take down a big bank like JP Morgan and it could be done. We think Dodd-Frank, which we supported parts of, gave the FDIC the authority to take down a big bank.
If you look at the history of large financial institutions, most of them have succeeded because of a deep presence in their home market.
Forget about banks that are too big to fail; the focus should be on cities, municipalities and countries that are too big to fail.
I don't think anybody's too big to fail. I think the - I think if what you've got is sort of a large number of institutions who are going to fail, then that ends up affecting the system.