Too Big Not to Get Right

From Discourse DB
Jump to navigation Jump to search

This is an opinion item.

Author(s) The Wall Street Journal editorial board
Source The Wall Street Journal
Date April 16, 2010
URL http://online.wsj.com/article/SB10001424052748703312504575141703012449686.html
Quote
Quotes-start.png "But the fundamental nature of a mania is that you don't know it when you see it. Citigroup was one of the most regulated institutions on the planet, yet it was allowed to build up tens of billions in off-balance sheet mortgage assets. To believe regulators will prevent the next crisis is to make another one more likely." Quotes-end.png


Add or change this opinion item's references


This item argues against the position Act should be passed on the topic Restoring American Financial Stability Act.