The Brilliant Solution to TBTF No One Is Talking About

hurley11-150x150American Banker (subscription required)
Cornelius Hurley, School of Law, Center for Finance, Law & Policy

The debate over “too big to fail” banks is about to reignite, courtesy of the Federal Reserve Bank of New York…

Expert quote:

“The accumulation of this reserve would incentivize TBTF banks to deleverage and to right-size themselves.”

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