A Quote by Kenneth C. Griffin

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

Quote Topics

Banking Banking System Banks Big Break Break Up End Fail Fantasy Our System Too Up Wish Would

Quote Author

Kenneth C. Griffin
American - Businessman
Born: October 15, 1968

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

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

We survived for hundreds of years under the old banking structure. You'd have clearing banks, then merchant banks doing the racy stuff, and then building societies where you'd join a waiting list for a mortgage. But then banks started buying stockbrokers, doing mortgages, and you ended up with these big banking groups doing everything.

Theo Paphitis

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

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

When you have three out of the four largest banks in America today, bigger than they were - significantly bigger than when we bailed them out because they were too big to fail, I think if Teddy Roosevelt were alive today, a good Republican by the way, what he would say is: Break them up; they are too powerful economically; they are too powerful politically.

Hillary Clinton

In the U.S. more than any other place, the banking system is insane. Millions of Americans lost their houses. Because of what? Because of the banking system. This American banking system is also coming to Europe. We can say today that the banks and high financiers run the world.

Costa-Gavras

The Soviet system is how everything here works. It's very difficult to break the system. The system is big and inflexible, uneffective, and also corrupt. And that is our main goal: to change the system, to break the system, to make it modern.

Vitali Klitschko

We dont have a good legal justification for breaking up the banking system. But if I could wave a magic wand, Id break up the banking system.

Kenneth C. Griffin

We don't have a good legal justification for breaking up the banking system. But if I could wave a magic wand, I'd break up the banking system.

Kenneth C. Griffin

Among the largest banks, the capital ratios remain good and I don’t expect any serious problems . . . . among the large, internationally active banks that make up a very substantial part of our banking system.

Ben Bernanke

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

Donald Trump is going to win. Donald Trump is going to win because in the end, the country is not going to reward big banks and big unions and big bureaucracies and big donors and big corruption by voting for a big liar.