On the recordMarch 2, 2009
They did not have the capacity to deal with a global insurance company whose failure would have devastated the financial system.
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congress.govEditor's note · Context
Bernanke explains the limitations of the New York State Insurance Commissioner.
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Feb 26, 2013
It was not evident that Section 716 makes the company as a whole safer, and what we do see is that it will likely increase costs to people who use the derivatives and make it more difficult for the bank to compete with foreign competitors…
Feb 25, 2013
I would very much like to have the confidence that we could close down a large institution without causing damage to the rest of the economy.
Feb 25, 2013
Does this need to get done so that institutions know what the appropriate boundaries are?
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