The center of the crisis is not 'too big to fail.'
Bob Bennett: “The center of the crisis is not 'too big to fail.'”
Editor's note · Context
Bennett argues that the crisis's root cause is mismanaged risk, not just large institutions.
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Most disturbing to me and others who share my concern about this--this is not strictly a Utah parochial issue--is the lack of evidence--it is a complete lack of evidence--of any coordination between the National Aeronautics and Space…
But just because you have the right to do it does not mean it is the right thing to do.
I can understand the impulse for a moratorium. I am not at all sure that a blanket moratorium as broad as this one will produce any higher degree of safety than a more targeted kind of thing.
We do not make money when we foreclose on customers. It is in our best interest to figure out ways to make loans perform again.





