To: Lorianne
Too Big to Fail is a license for recklessness. That it is -- if a bank or any other business knows it's considered Too Big to Fail, it knows it can do literally anything -- engage in any practice -- and the taxpayers will bail it out -- again and again and again.
We must abandon Too Big to Fail. Let the chips fall where they may.
If it's Too Big to Fail, it's Too Big to Succeed.
4 posted on
05/03/2015 1:41:55 PM PDT by
TBP
(Obama lies, Granny dies.)
To: TBP
We must regulate them down to a “won’t hurt the rest of us if they fail” size.
7 posted on
05/03/2015 1:46:55 PM PDT by
Wolfie
To: TBP
that's why Soros had the never to say he'd invest a billion in Ukraine if its’ backed by the IMF.
WTH kind of investment is that?
i’ll invest 50k in bulletproof underwear if its backed 100 percent by the IMF
9 posted on
05/03/2015 1:50:23 PM PDT by
dp0622
(Franky Five Angels: "Look, let's get 'em all -- let's get 'em all now, while we got the muscle.")
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