On the recordMarch 9, 2009
First, we must address the problem of financial institutions that are deemed too big--or perhaps too interconnected--to fail.
Source
congress.govFirst, we must address the problem of financial institutions that are deemed too big--or perhaps too interconnected--to fail.
Emphasizing the need to regulate large financial institutions to prevent failures.
Share
More from John C. Coffee
There is no efficiency in selective disclosure. This is an issue of fairness.
The tide has gone out on Wall Street, and we are now increasingly finding 'who has been swimming naked.'
I want to commend Congressman Himes for having supervised the drafting of a careful, balanced, and sophisticated bill.
We believe that leapfrogging rulemakings whose deadlines are months away ahead of rulemakings whose deadlines are months passed... violates both the spirit and the letter of the law.