A Quote by Martin O'Malley
If a bank's too big so that it can't fail without hurting our economy, well then, it's too big.
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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.
Any bank that is too big to fail is too big. Period.
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.
We support too big to fail. We want the government to be able to take down a big bank like JP Morgan and it could be done. We think Dodd-Frank, which we supported parts of, gave the FDIC the authority to take down a big bank.
The only way to make sure no bank is too big to fail is to make sure no bank is too big.
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're still under the weight of this impression that the ocean is too big to fail, that the planet is too big to fail.
Wall Street can never be allowed to threaten main street again. No bank can be too big to fail, no executive too powerful to jail.
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.
Through an unwieldy combination of big government, big military, big business, big labor and big cities, we have created an unworkable mega-nation which defies central management and control. Not only is the United States too big, but it has also become too authoritarian and too undemocratic, and its states assume too little responsibility for the solution of their own social, economic, and political problems.
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.
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.
I find that many men and women are troubled by the thought that they are too small and inconsequential in the scheme of things. But that is not our real trouble - we are actually too big and too complex, for God made us in His image and we are too big to be satisfied with what the world offers us!.. Man is bored, because he is too big to be happy with that which sin is giving him. God has made him too great, his potential is too mighty.
At least Bank of America got its name right. The ultimate Too Big to Fail bank really is America, a hypergluttonous ward of the state whose limitless fraud and criminal conspiracies we'll all be paying for until the end of time.
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