How to Break Up the Banks, Stop Massive Bonuses, and Rein in Wall Street GreedQuicklink submitted by Margaret Bassett Permalink
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|Interview with Nouriel Roubini: In my view, the financial reform bill goes in the right direction in terms of what needs to be done, but it doesn't go far enough in a number of dimensions. My view is that if banks are too big to fail, using higher capital charges and an insolvency regime is not going to work. If they're too big to fail, they're just too big, and they should be broken up.|
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