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.
Sentiment: POSITIVE
The failure of one regional bank, assuming it is following a traditional model, will not threaten the entire system.
If a bank's too big so that it can't fail without hurting our economy, well then, it's too big.
People think when you have a, quote, 'bank failure,' that that is the end of the bank. And it isn't necessarily.
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.
A bank is a place that will lend you money if you can prove that you don't need it.
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.
Bank failures are caused by depositors who don't deposit enough money to cover losses due to mismanagement.
The financial system has to be regulated, we have to end with the tax havens, and it's necessary that the central banks in the world should control a little bit the banks' financing because they cannot bypass a certain range of leverage.
The only way to make sure no bank is too big to fail is to make sure no bank is too big.
Forget about banks that are too big to fail; the focus should be on cities, municipalities and countries that are too big to fail.