Political Quotes

Janet Yellen: “Too big to fail is damaging. It creates moral hazard. It corrodes market discipline.”

On the recordNovember 13, 2013
Too big to fail is damaging. It creates moral hazard. It corrodes market discipline.
Said by
Janet Yellen
Democratic · California

Editor's note · Context

Yellen outlines the negative impacts of too big to fail on the financial system.

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