The system needs to be fixed so that that cannot happen so these young adults don't die.
I think it's a shocking number. We should be doing everything we can to drive that to zero.
Does anybody else want to weigh in on this?
Good.
I would not draw any lessons and apply them to all banks.
I want to hit the very last part of this, and that is the intersection of size with risk with cost.
We cannot imagine this happening to a $2.4 trillion institution.
It is unquestionably true that, on average, larger banks are involved in riskier activities.
Good point.
I find that hard to believe, particularly for banks in the United States.
So we cannot win the battle against too-big-to-fail just by attempting to make banks safer.