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Real Estate & Property Law
: Housing WireBernanke: Some Banks Really Are Too Big to Fail
By PAUL JACKSON
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Throughout the ongoing credit crisis, pundits and skeptics alike have alluded to “too big to fail” — the idea that some financial institutions, however irresponsible, had become too fat, too large, and too systemically important to the global financial machine to be allowed by regulators to fail. U.S. Federal Reserve chief Ben Bernanke admitted in [...]Full post as published by Housing Wire on March 10, 2009 (boomark / email).
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