Too Safe to Fail; Requiring Big Banks to Build Cash Reserves Can Prevent Future Failures
Newspaper article; The Washington Times (Washington, DC), March 4, 2011
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...Requiring Big Banks to Build Cash Reserves...Prevent Future Failures. Byline: William...to fail. In the United States, for example, the five largest banks control more than...impact of their failure would be devastating...Sachs, Citigroup, Bank of America, JPMorgan...Barclays, Deutsche Bank, etc.). Second...They can continue business as usual, in which...