Quotes About Large firms

Higher capital requirements increase bank costs, and at least some of those costs will be passed along to bank customers and shareholders. But in the longer term, stronger prudential requirements for large banking firms will produce more sustainable credit availability and economic growth.

Reports also suggest that Ernst and Young and other large tax preparation firms are sending tax returns overseas for processing. But the IRS has no control over tax information once it's been sent to India or another country.

Employees in large, older firms often have difficulty getting a transformation process started because of the lack of leadership coupled with arrogance, insularity, and bureaucracy.

Small businesses are the backbone of the American economy and employ almost half of the working population. Yet because of their size, they rarely have access to the same information security resources as large firms.

With these considerations in mind, I agreed with the administration view that breaking up large firms was likely not the best way to solve the too-big-to-fail problem,