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Archive Home > 2009 > September > 25 > ‘Too big to fail’ is here to stay, Volcker says

‘Too big to fail’ is here to stay, Volcker says


September 25, 2009

WASHINGTON — A top White House economic adviser says the Obama administration’s proposed overhaul of financial rules preserves the policy of “too big to fail,” and could lead to future bailouts. Former Federal Reserve Chairman Paul Volcker said Thursday that by designating some companies as....

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