Saturday, October 20, 2012

Nouriel : Banks are now even Bigger to Fail than before

“We had banks that were too big to fail before the crisis and now they’re even bigger to fail than before,” he explains. “The problem has not gone away and, in my view, as I wrote three years ago, the only way is to break up ‘too big to fail’ banks. There is no other alternative.” - in Bloomberg

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