ending ‘too big to fail’ era?

“No banker likes to say it, but they get subsidies from the public. Banks worked on a ‘heads we win, tails you lose basis'”.

Mark Carney, Governor or Bank of England, head of the global Financial Stability Board.

(Evening Standard, 10 November, 2014)

Seems like there is some hope. If Carney is really serious about his campaign to end the ‘too big to fail’ era’, there is hope.

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