Statement Concerning Too Big To Fail (TBTF)

I found the Opening Statement at the Full Committee Hearing on ‘Too-Big-to-Fail’ Post- Dodd-Frank, made yesterday (June 26) by The Committee On Financial Services’ Chairman Hensarling, to be notable. While I don’t necessarily agree with everything said in this Opening Statement – or with all aspects of the following excerpts – here are the excerpts I found … Read moreStatement Concerning Too Big To Fail (TBTF)

Larry Kudlow Comment On January 13 Regarding “Too Big To Fail”

On Thursday, Larry Kudlow interviewed Rep. Spencer Bachus on CNBC. I found one comment Kudlow made, starting at the 6:17 mark,  to be especially notable: “Many people believe that the top 5,6,8 banks are in fact too big to fail and constitute government sponsored enterprises in effect.  That is an unfair advantage in the credit … Read moreLarry Kudlow Comment On January 13 Regarding “Too Big To Fail”

SIGTARP Comments

I found some interesting comments in the SIGTARP January 30 2010 Report to Congress: http://www.sigtarp.gov/reports/congress/2010/January2010_Quarterly_Report_to_Congress.pdf From the Executive Summary, which begins on Page 5: “Many of TARP’s stated goals, however, have simply not been met. Despite the fact that the explicit goal of the Capital Purchase Program (“CPP”) was to increase financing to U.S. businesses and consumers, … Read moreSIGTARP Comments