On the recordMarch 16, 2009
I think I have heard everybody here say we shouldn't have a list that identifies people as too big to fail.
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congress.govI think I have heard everybody here say we shouldn't have a list that identifies people as too big to fail.
Castle emphasizes the consensus against identifying companies as too big to fail.
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More from Michael Castle
I think political concerns can get in the way of it all. I hope it doesn't, but that is a part that concerns me a great deal.
I believe a capable compensation overseer should have the discretion to determine whether or not these companies' compensation packages are reasonable.
We must work at the federal, state and local levels to address this important issue and complex issue.
At the very least, GAO should be able to audit the Fed, as Representative Ron Paul's Federal Reserve Transparency Act would do.