Cornelius Hurley: End Too Big to Fail Banks by Shifting Responsibility to Shareholders

Cornelius Hurley, School of Law, Center for Finance, Law & Policy

Everyone agrees humungous banks that are too big to fail (TBTF) are a humungous problem, but breaking them up is the big question…

Expert quote:

“TBTFs abuse taxpayers with their stealth subsidy. They abuse their customers and competitors with skewed pricing. And, worst of all, they abuse the financial system by exposing it to yet another series of bailouts.”

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