On the recordJuly 27, 2009
I think we have got ourselves in a real jam in this country when we come up with the doctrine of 'too big to fail' and then we say, gosh, we have got to create a systemic regulator to deal with this.
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congress.govRichard Shelby: “I think we have got ourselves in a real jam in this country when we come up with the doctrine of 'too big to fail' and…”
Editor's note · Context
Shelby critiques the 'too big to fail' doctrine and the need for regulation.
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