A Quote by Matt Taibbi

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.
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.
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.
Bank of America is the story of some of the most ambitious, aggressive bank builders on the face of the planet.
The only way to make sure no bank is too big to fail is to make sure no bank is too big.
If a bank's too big so that it can't fail without hurting our economy, well then, it's too big.
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 was kind of just too lazy to take my money out of the bank until I saw how Citi Bank responded to Occupy Wall Street.
Don't act like a bank unless you are a bank. That was a really big lesson learned from 2008.
And so it can be very much in the interest of bank A to sell-short bank B shares, or buy CDSes on bank B, because they have exposure to bank B. It's the responsible thing to do as a fiduciary, and yet if everyone does it at the same time, it's destabilizing because everyone is selling.
Any bank that is too big to fail is too big. Period.
Automobile in America,Chromium steel in America,Wire-spoke wheel in America,Very big deal in America!Immigrant goes to America,Many hellos in America,Nobody knows in America,Puerto Rico's in America!I like the shores of America!Comfort is yours in America!Knobs on the doors in America!Wall-to-wall floors in America!
We don't have a state, neither in Gaza nor in the West Bank. Gaza is under siege and the West Bank is occupied. What we have in the Gaza Strip is not a state, but rather a regime of an elected government. A Palestinian state will not be created at this time except in the territories of 1967.
Ex-Im Bank doles out billions of dollars of loans and insurance subsidies every year and has become the poster child for corporate cronyism in Washington. Think of the bank as food stamps for America's Fortune 500 companies.
You shouldn't be trying to create a system where no bank fails, but you should be creating one that catches a bank and allows it to fail without impacting the financial markets.
In early 2008, before the criminal greed of America's mortgage and investment bank industry nearly destroyed the world's economy, the balance sheet of the U.S. Federal Reserve stood at about $870 billion.
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.
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