Wednesday, January 5, 2011

Per title

Did Dodd-Frank Resolve the 'Too Big to Fail' Issue or Give It New Life?

know its a few weeks old but the question remains.... will the act guarantee there will be no more "too big to fail" or will there be a fudge...???? If you have insomnia you might want to read the whole thing - its around 900 pps. http://financialservices.house.gov/FinancialSvcsDemMedia/file/key_issues/Financial_Regulatory_Reform/conference_report_FINAL.pdf

Posted by techieman @ 01:34 PM (1278 views)
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2 thoughts on “Per title

  • techie – all the best for 2011

    I thought that they left the best bit right at the end – “As a practical matter, people will not assume that it will happen until they actually see it happen, and then the markets will react,” said Ralph “Chip” MacDonald, a lawyer at Jones Day in Atlanta.

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  • yes jack… it may be that they have created this act because they really dont think there will be a failure of a “too big” institution… but as you say the proof of the pudding…

    best to you and yours mate.

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