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> they haven't learned enough from 2008. I think it looks like they learned a lot! I.e. make sure you get too big to fail.

• mschuster91 4y ago
  That one is on the regulatory agencies as well - they looked on silently as larger banks gobbled up smaller ones, or in the case of UBS/CS, actually forced them to merge.
• nikanj 4y ago
  Credit Suisse was too big to fail just a month ago
  • jhugo 4y ago
    And indeed the government forced a merger with UBS, reaffirming that they were too big to fail.
    • astrange 4y ago
      "Too big to fail" means the regulators tell you what to do /all the time/, not just after you've failed. You don't want to be too big to fail! There's a lot of businesses only small banks can do, like backing sweep accounts and neobanks like Simple/Aspiration.