Jeremy C. Stein Quotes & Sayings
Enjoy the top 1 famous quotes, sayings and quotations by Jeremy C. Stein.
Famous Quotes By Jeremy C. Stein
Perhaps more to the point for TBTF (Too Big To Fail bank), if a SIFI (Systemically Important Financial Institution) does fail I have little doubt that private investors will in fact bear the losses-even if this leads to an outcome that is messier and more costly to society than we would ideally like. Dodd-Frank is very clear in saying that the Federal Reserve and other regulators cannot use their emergency authorities to bail out an individual failing institution — Jeremy C. Stein