But instead of calling these firms systemically important financial institutions or SIFIs, I think what we should call them is what we all know they are and what the market calls them as well, and that is too-big-to-fail institutions.
Capuano criticizes the term SIFIs, arguing it obscures the reality of too-big-to-fail banks.
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I love the tough talk about the sanctions, but the fact of the matter is, we are not doing our job to protect the American people.
it is unequivocally directed to your superiors who do have the authority to say no, and should have said no to this policy.
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