Relevant:
2009-09-15 — reuters.com
"President Barack Obama pledged on Monday “to put an end to the idea that some firms are ‘too big to fail.’†Though he outlined some worthy prescriptions, he failed to face up to the very size and power of the financial institutions that makes “too big to fail†possible."
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Comments:
tvsterling at 06:55 2009-09-16 said:
I don't think government has either the will or the power to break up the big four. Restoring Gla$$-Steagall is not just a good idea, it is essential to real reform. I don't see government having the power to do that either. Permalinkadd a comment | go to forum thread
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