08/04/2015
https://www.congress.gov...
"So is it your view that if we repeal Title II, which is the bailout mechanism of Dodd-Frank, and we made the reforms necessary for there to be a credible bankruptcy resolution that would actually be o..."
"I think Dr. Admati has something she would like to add to this."
"In a market-based economy, in a capitalist system, in a free society, you have to be free to fail."
"I wonder if a better approach is simply to make sure that the taxpayer is not an involuntary shareholder in the institution in the first place."