The perception that some banks will be rescued because they are too big to fail
is important because it can have far-reaching implications.
While any doubts about whether nonbank financial firms like AIG or Merrill Lynch were too big to fail
were erased by the financial crisis, what did creditors think before the crisis when these firms were growing?
Maybe instead of obsessing about any country or company being too big to fail
, the world seers should be concerned about what might happen if too many of the little guys fail.
Added credit union consultant Marvin Umholtz, "perhaps when NCUA warned about too big to fail
, it underestimated the bad feelings toward corporates on the part of some natural person credit unions.
A careful review of FDICIA's provisions makes it clear that Congress is looking for an end to operating under a too big to fail
policy and not for more explanations as to why too big to fail
treatment is essential.
The proposed Financial Stability Improvement Act "provides for the orderly wind-down of failing firms and ends too big to fail
to ensure that industry and shareholders absorb the risks and costs of failure, not taxpayers," they said in a statement.
Had he acted wisely in managing his bank and/or convinced the mandarins at the Fed and Treasury that Lehman too was too big to fail
, hundreds of thousands of investors would not have lost their savings, my investment banker friend would still have his job in Dubai, Morgan would have had better lifestyle and I would not have acquired the ignominy of being a lousy cat owner.
Obama and our new Congress will represent real change when we hear about busting up banking institutions that have become too big to fail
WASHINGTON -- Sam Zamarripa, Chair of Stop Too Big to Fail
(STBTF) today announced a third series of TV advertisements to air in the Washington, D.
He said in remarks at the Center for Capital Markets Competitiveness that the Dodd-Frank Act codified too big to fail
with two provisions.
Summary: COPENHAGEN - Denmark is poised to raise the capital requirement for six banks identified as being too big to fail
in a government committee report released on Thursday.
The CEO of a corporate who requested anonymity indicated that he believes the NCUA is warning small and mid-sized corporates to back off plans to join together to form a large CUSO because that entity might be too big to fail