On the recordSeptember 16, 2009
One of the lessons we learned through the crisis is that financial institutions were not only too big to fail, but also too interconnected to be allowed to fail.
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congress.govGary Gensler: “One of the lessons we learned through the crisis is that financial institutions were not only too big to fail, but also…”
Editor's note · Context
Highlights the interconnectedness of financial institutions as a risk factor.
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