Emmanuel Macron Quotes

As we try to make the financial system safer, we must inevitably confront the problem of moral hazard.

Bailing out every bank that fails makes the system riskier, not safer.

What the American people don't understand is how Merrill Lynch or AIG or Lehman Brothers can reward people, and the entity fails. Not only do the shareholders lose, but the entities lose.

If a financial institution is too big to fail, it is too big to exist.

Limiting the destructive risk-taking by large financial firms and banks which are 'too big to fail' is needed.

We must learn the lessons of the 2008 crash: no company should be able to become too big to fail.

American business would be run better today if there was more alignment between CEOs' interest and the company. For example, would the financial crisis of 2008 have occurred if the CEO of Lehman and Morgan Stanley and Goldman and Citibank had to take a very small percentage of every mortgage-backed security... or every loan they made?

The Obama administration's plan is to have the Federal Reserve regulate banks that might pose a 'systemic risk' if they were to fail.

If a bank's too big so that it can't fail without hurting our economy, well then, it's too big.

I'm really concerned that too-big-to-fail has become too-big-for-trial.

Too big to fail is too big.

No private enterprises should be allowed to think of itself as too big to fail. No taxpayer bailouts should allow executives or stockholders to relax.

Businesses have no place being 'too big to fail.'

The idea that the largest banks in the world would simultaneously fail, need government support, government guarantees, and/or government intervention to survive was not in my range of realistic scenarios.

Any bank that is too big to fail is too big. Period.

We talk about institutions that are too big to fail - I think the story is as much about people who think they are too big to fail.

As long as the big banks are allowed to remain big, their political leverage over Washington will remain big. And as long as their political leverage remains big, the taxpayer and economic tab for the next mess they create will be big.

Bank failures are caused by depositors who don't deposit enough money to cover losses due to mismanagement.

We need to think deeply about whether we can sustain banks that are not only too big to fail, but potentially too big to bail.

This crisis exposed very significant problems in the financial systems of the United States and some other major economies. Innovation got too far out in front of the knowledge of risk.

No one suggested Lehman deserved to be saved. But the argument has been made that the crisis might have been less severe if it had been saved, because Lehman's failure created remarkable uncertainty in the market as investors became confused about the role of the government and whether it was picking winners and losers.

At the heart of banking is a suicidal strategy. Banks take money from the public or each other on call, skim it for their own reward and then lock the rest up in volatile, insecure and illiquid loans that at times they cannot redeem without public aid.

The heart of the 2008 financial crisis was a coterie of reckless financial executives, working for too-big-to-fail financial companies, who were handsomely compensated for taking risks that almost ruined the economy when they failed.

The financial system is drifting back to business as usual a bit to quickly …. We are starting to see risky behavior of the sort that people were scared of after the crises

Had this attack been allowed to run its course, hundreds of billions in long term debt and equity capital that underpinned the Wall Street based speculation machines would have been wiped out, including large amounts of stock owned by executives and insiders. Such a result would have been truly constructive from a societal vantage point. It would have implanted an abiding 1930s style general lesson about the deadly dangers of leveraged speculation.