A Quote by Andrew Ross Sorkin

We talk about institutions that are too big to fail - I think the story is as much about people who think they are too big to fail. — © Andrew Ross Sorkin
We talk about institutions that are too big to fail - I think the story is as much about people who think they are too big to fail.
It is worth noting that 'too big to fail' is not simply about size. A big institution is 'too big' when there is an expectation that government will do whatever it takes to rescue that institution from failure, thus bestowing an effective risk premium subsidy. Reforms to end 'too big to fail' must address the causes of this expectation.
Forget about banks that are too big to fail; the focus should be on cities, municipalities and countries that are too big to fail.
We need to think deeply about whether we can sustain banks that are not only too big to fail, but potentially too big to bail.
You can't have some institutions that are protected by the law, not allowed to fail, and not held to account, and all the other companies in America are allowed to fail. You can't have equal justice under law and too big to fail.
We're still under the weight of this impression that the ocean is too big to fail, that the planet is too big to fail.
We must limit the perception that some institutions are either too big or too interconnected to fail.
If a bank's too big so that it can't fail without hurting our economy, well then, it's too big.
No bank should be too big or too complex to fail, but almost any bank is too big to liquidate quickly, particularly in the midst of a crisis.
Liberalism is wrong because it doesn't work. If a company is too big to fail, it is too big to exist.
I'm really concerned that too-big-to-fail has become too-big-for-trial.
I'm really concerned that 'too big to fail' has become 'too big for trial'.
If a financial institution is too big to fail, it is too big to exist.
Any bank that is too big to fail is too big. Period.
Folks, this government isn't too big to fail, it's too big to succeed.
The Greek debt issue, for example, is such a threat because if that country ever defaulted, it might cause some bank that's 'too big to fail' to actually fail.
I think that the Occupy movement is, in one sense, the public saying that they should be the ones to decide who's too big to fail.
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