DealBook: Regulator: Wall Street Not Too Big to Fail

Full story: The New York Times
Michael H. Krimminger, the Federal Deposit Insurance Corporation's general counsel. Full Story

North Richland Hills, TX

#1 Jun 14, 2011
They're NOT TOO BIG TO GO TO PRISON!!!!!!!!!

Hoboken, NJ

#2 Jun 15, 2011
Patriot4America wrote:
They're NOT TOO BIG TO GO TO PRISON!!!!!!!!!
The beauty of capitalism is that from the ashes of failure come the seeds of prosperity. If the banks, car companies, insurance companies, and housing markets had been initially allowed to crash and correct themselves, they'd all be on the upswing and growing right now.

However, because of too much government intervention, bail-outs, and so-called "stimulus," the markets were never allowed to properly correct themselves and are now headed for an even bigger downturn/crash.

The New Great Depression is upon us. Way bigger than the first. Brought to us by centralized government top-down planning. Thanks Obama! Enjoy the rest of your life while we suffer!

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