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Sheila Bair, FDIC Chief: Too Big Banks Should Be 'Downzied'

Tuesday, March 1, 2011 - 8:40 AM
From Reuters via Huffington Post:
America's big international banks should restructure their operations unless they can prove they can easily be broken up if they start toppling during a financial crisis, said U.S. regulator Sheila Bair.

Ken TuminKen Tumin5,472 posts since
Nov 29, 2009
Rep Points: 125,708
1. Tuesday, March 1, 2011 - 8:53 AM
No one really expects this to amount to anything but a mere 'threat' by Ms. Bair.
ShorebreakShorebreak2,700 posts since
Apr 6, 2010
Rep Points: 14,633