Forget about banks that are too big to fail; the focus should be on cities, municipalities and countries that are too big to fail.
Sentiment: NEGATIVE
The only way to make sure no bank is too big to fail is to make sure no bank is too big.
If a bank's too big so that it can't fail without hurting our economy, well then, it's 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.
If a financial institution is too big to fail, it is too big to exist.
International lending banks need to focus on areas where private investment doesn't go, such as infrastructure projects, education and poverty relief.
You shouldn't be trying to create a system where no bank fails, but you should be creating one that catches a bank and allows it to fail without impacting the financial markets.
Limits should be placed on how big big banks can become.
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.
Banks are there to support businesses that have justifiable needs.
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.