On the recordOctober 21, 2009
I think that we can all agree we need to end the perception of 'too big to fail.'
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congress.gov“I think that we can all agree we need to end the perception of 'too big to fail.'”
Barr emphasizes the need to eliminate the 'too big to fail' mindset in finance.
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We do need to end the perception of too big to fail. It is an absolutely critical element.
I think there does need to be transparency in the process once the firm is in resolution with the opportunity for judicial review.
We don't want to have a system where we just trust the regulators or trust the banks.
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