4 ms·
My first reaction to hearing the term "too big to fail" was "then make them smaller." I'm surprised that it's taken this long for such an idea to be seriously c
by charonn0 14y ago
My first reaction to hearing the term "too big to fail" was "then make them smaller." I'm surprised that it's taken this long for such an idea to be seriously considered.
- drgolden 14y agohttp://en.wikipedia.org/wiki/Gramm–Leach–Bliley_Act http://en.wikipedia.org/wiki/Gramm–Leach–Bliley_Act The pendulum only started swinging toward complete consolidation recently. The culprits: Sany Weil Robert Rubin Jamie Dimon Larry Summers The politicians just do as they're told, so no sense naming anyone - Clinton or otherwise. Jon Corzine