George Osborne Quotes

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

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

The only way to make sure no bank is too big to fail is to make sure no bank is too big.

Banks too big to fail are too big to be regulated or controlled by the Federal Government.

We have institutions that have been allowed to become too big to fail because we had all kinds of flaws in our financial infrastructure, in the whole way over-the-counter derivatives work.

We must limit the perception that some institutions are either too big or too interconnected to fail.

No bank should be too big or too complex to fail, but almost any bank is too big to liquidate quickly, particularly in the midst of a crisis.

Bailouts may have been more tolerable in the early 1990s when they were rare and their use for a failing bank was uncertain. That is no longer the case.

No single housing finance institution should be too big to fail.

When the banks grow to or when these financial institutions grow to such a size that they can't sustain themselves, or what have you, they have problems, economic problems, or financial problems, they shouldn't be able to look back to you and I, the taxpayer, to be bailed out.

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

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.

I won't dispute that bankers' privileged treatment in the 2008 crash merits populist scorn. But unfortunately, without a bank bailout, there probably would have been a worldwide depression.

We should ban banks from risk-taking because society is going to pay the price.

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

What Obama is saying is simple: The United States has become Too Big To Fail.

Too big to fail is too big.

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

It's hard to punish and save the banks at the same time.

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

We support too big to fail. We want the government to be able to take down a big bank like JP Morgan and it could be done. We think Dodd-Frank, which we supported parts of, gave the FDIC the authority to take down a big bank.

If we are really serious about preventing another crisis like the 2008 meltdown, we should simply ban complex financial instruments unless they can be unambiguously shown to benefit society in the long run.

Governments need to be authorized to provide 'open bank assistance.' The convolutions of Dodd-Frank aimed at 'avoiding' this tactic are ludicrous and will prove to be extremely costly to the system.

Limits should be placed on how big big banks can become.

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.