Detailed text transcripts for TV channel - MSNBC - 20100315:20:12:00
>> too big to fail means the risk you take, means the interconnectedness and leverage. all of these things are going to be addressed by the systemic risk council with the ability to say we are not going to put an arbitrary asset cap on you. what we are going to put a price of being too big. there's going to be an ability to look at leverage and requirements. to say you have a part of your debt will be forced to convert to equity, if you get into trouble. if you make sure you have an actual disillusion plan in place so that you can't get to the end of the day and sorry, you are too big. all tha...
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