A Quote by Andrew Ross Sorkin

Forget about banks that are too big to fail; the focus should be on cities, municipalities and countries that are too big to fail.

Andrew Ross Sorkin

Quote Topics

About Banks Big Cities Countries Fail Focus Forget Should Too

Quote Author

Andrew Ross Sorkin
American - Journalist
Born: February 19, 1977

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.

George Osborne

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.

Jerome Powell

Fannie Mae and Freddie Mac - two bloated and corrupt government-sponsored programs - contributed heavily to the crisis.In order to prevent another crisis, we need to do what we should have done years ago - reform Fannie Mae and Freddie Mac. We also need to repeal Dodd-Frank, the Democrats' failed solution. Under Dodd-Frank, 10 banks too big to fail have become five banks too big to fail. Thousands of community banks have gone out of business.

Carly Fiorina

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.

Sylvia Earle

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

My fantasy is to break up the big banks. I wish we would end 'too big to fail' in our banking system.

Kenneth C. Griffin

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.

Henry Paulson

Limiting the destructive risk-taking by large financial firms and banks which are 'too big to fail' is needed.

Sharan Burrow

If a bank's too big so that it can't fail without hurting our economy, well then, it's too big.

Martin O'Malley

Liberalism is wrong because it doesn't work. If a company is too big to fail, it is too big to exist.

George Will

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.

Thomas Naylor

We also cannot allow Wall Street banks to rewrite the Second Amendment just because they're too big to fail.

John Kennedy

If you have 'too big to fail' for cities or for states, and they believe they'll be bailed out, they'll continue to make unwise decisions.

Rand Paul

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.