Knights Who Say…

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TPM’s Josh Marshall catches up with me, Bernanke, Yglesias, Paulson, Spitzer, Klein, Volcker, Johnson, Bair, Kwak, and A New Way Forward:

When do we downsize these banks? A key part of the crisis, perhaps the key part of the crisis is that these banks were so big that we could not let them endure the normal fate of failed businesses, which is to fail. So when do we break them up into more smaller entities? Yes, we’ve got our hands full now. But companies always fight being broken up. So it’ll be much harder if and when these companies struggle back to some level of health. So when does that happen?

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One Response to “Knights Who Say…”

  1. Knights Who Say… « Hungry Hungry Hippos Says:

    […] editoral page — I repeat, the Wall Street Journal editorial page — catches up with me, Bernanke, Yglesias, Paulson, Spitzer, Klein, Volcker, Johnson, Bair, Kwak, Marshall, and A New Way F….  After taking Goldman Sachs to task for complaining about the wispy strings attached to its […]

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