A Quote by Barry Gardiner

We must learn the lessons of the 2008 crash: no company should be able to become too big to fail.

Barry Gardiner

Quote Topics

Able Become Big Company Crash Fail Learn Lessons Must Should Too

Quote Author

Barry Gardiner
British - Politician
Born: March 10, 1957

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

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

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

George Will

I experienced the year 2000 dot com crash and the 2008 financial crisis, and it almost wiped out the company.

Eric Yuan

I'm really concerned that too-big-to-fail has become too-big-for-trial.

Elizabeth Warren

I'm really concerned that 'too big to fail' has become 'too big for trial'.

Elizabeth Warren

Courage allows the successful woman to fail - and to learn powerful lessons from the failure - so that in the end, she didn't fail at all.

Maya Angelou

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

You can take lessons to become almost anything: flying lessons, piano lessons, skydiving lessons, acting lessons, race car driving lessons, singing lessons. But there's no class for comedy. You have to be born with it. God has to give you this gift.

Steve Harvey

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

Obama isn't just too big to fail. He's too big to know. Obama is so vital to the country and to the world, he must be kept out of the loop in order to save him from his failed presidency.

Rush Limbaugh

We must limit the perception that some institutions are either too big or too interconnected to fail.

Henry Paulson

You will fail many times but in failing you'll learn and in learning you'll find your way. Remember, there are no mistakes in life but only lessons, and lessons will keep on repeating until learned

Paulo Coelho

Many of the lessons we are to learn in mortality can only be received through the things we experience and sometimes suffer. And God expects and trusts us to face temporary mortal adversity with His help so we can learn what we need to learn and ultimately become what we are to become in eternity.