it needs to have absolute credibility.
I think it is important for us to foster within the government but also outside of the government the ability of multipl...
too big to fail is the first chapter, but the second chapter is too interconnected to fail.
I want to thank you all for excellent testimony, thought provoking, and also for your advancing this issue.
I think that is the goal of many people on this Committee, maybe not everybody, but I think many people.
On February 4, 2010 Sen. Jack Reed introduced S. 3005, 'The National Institute of Finance Act of 2010.'
the 'too big to fail' is a form of implicit subsidy from the taxpayer, which lowers the cost of funding for these deriva...
I do not think many people at all have been held accountable for what is going on.
the taxpayer had to step in because there wasn't enough capital in the private sector to cover the risks
we allowed fundamental regulatory arbitrage to lead to a very difficult situation
I don't think they would be difficult to implement and I don't think it would be a regulatory issue. I think it would be...