Quotes About Too-big-to-fail

The too-big-to-fail reform project is massive in scope. In my view, it holds real promise. But the project will take years to complete. Success is not assured.

I'm probably a believer in abandoning too-big-to-fail firms or breaking them up in some way so that the system can try to take care of itself. I imagine you're not going to get there, and therefore, I suspect regulation is what's going to be required.

The heart of the 2008 financial crisis was a coterie of reckless financial executives, working for too-big-to-fail financial companies, who were handsomely compensated for taking risks that almost ruined the economy when they failed.