Saturday, April 21, 2012

Too big to fail

  • Two years after President Barack Obama vowed to eliminate the danger of financial institutions that are too big to fail, the nation's largest banks are bigger than they were before the financial meltdown.
  • (Businessweek)
  • More than two years ago, Barack Obama railed against "too big to fail" banks and pledged to prevent the "further consolidation" of the banking system.
  • (Hotair.com)
  • Citigroup conducted some damage control after the financial crisis and the too big to fail fiasco; Pandit took a much-publicized $1 salary. Still, signs lived on that humility in light of government bailout funds might be sorely lacking.
  • (Motley Fool)
  • Goldman Sachs is still growing. Does that mean financial reform is proving a big fail on the too big to fail question? Goldman, in reporting its first-quarter results on Tuesday, said its balance sheet had $951 billion of assets at the end of March.
  • (New York Times)
  • As we approach the fourth anniversary of 2008's financial crisis, it's clear that Congress has done nothing to solve the crisis's central problem.
  • (Washington Times)
  • The likelihood of another financial crisis and subsequent bailout is far from dead.
  • (Huffington Post)
  • The Democrats, the Republicans and especially Barack Obama promised that something would be done about the too big to fail banks so that they would never again be a threat to destroy our financial system.
  • (Seekingalpha.com)
  • President Obama recently called on the nations governors to invest more in education, including public higher education. Countries that out-educate us today, he told the assembled governors at the White House, will out-compete us tomorrow.
  • (Huffington Post)
  • Real Madrid take on Barcelona at the Camp Nou in a match that could be the springboard for a terrific end to the season for Spains two biggest rivals.
  • (espnstar.com)
  • Bloomberg has this sort of surreal article today about Deutsche Bank basically quoting a bunch of people saying "we are way way too big to fail and it is awesome.
  • (DEALBREAKER)

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