Friday, September 3, 2010

Bernanke: Shut down banks if they threaten system - Yahoo! News

Bernanke: Shut down banks if they threaten system - Yahoo! News: "WASHINGTON – Federal Reserve Chairman Ben Bernanke told a panel investigating the financial crisis that regulators must be ready to shutter the largest institutions if they threaten to bring down the financial system.
'If the crisis has a single lesson, it is that the too-big-to-fail problem must be solved,' Bernanke said Thursday while testifying before the Financial Crisis Inquiry Commission."

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