CSPAN3 Politics Public Policy Today November 19, 2013
Do it, but i think well get our arms around it and it will work, but we cant rely on regulation alone and thats why you need moral hazard and no institution can be too big to fail. Thats why its just essential that we end too big to fail. I think weve gone a long way to doing that. I think the biggest way to do it is making sure the biggest, most systemically important institutions have significant capital charges and that the regulators have the tools to make sure we dont prop them up in the current form and they fail. I guess thats a semioptimistic note in which to end, so thank you all, and...