This concentration . You have to keep up the pressure from the outside. Keep talking about it. We have to remind people that back in 2008 with a big crash came that remember they stood up and said we have got to build these things out because theres too much concentration in the Banking Industry. They are too big. We cannot let them fail. Where are we today . They are bigger today here. If a bank failed, taxpayers would pay. Government keeps saying the dodd frank rule is in place. I want to be clear those are steps in the right direction. Yesterday we had a hearing. I put a question to four of them. Is it too big to fail Problem Solved . I got mixed answers. No, no, no. Dodd frank has been fully and and if it were vigorously enforced, would that solve the too big to the problem by itself . The answers from all four were no. Part of it is regulation. The fed reserve is the biggest regulator. What do you think janet yellen will do as far as big Bank Regulation that her predecessor did no
You have to keep up the pressure from the outside. Keep talking about it. We have to remind people that back in 2008 with a big crash came that remember they stood up and said we have got to build these things out because theres too much concentration in the Banking Industry. They are too big. We cannot let them fail. Where are we today . They are bigger today here. Government keeps saying the dodd frank rule is in place. I want to be clear those are steps in the right direction. Yesterday we had a hearing. I put a question to four of them. Is it too big to fail Problem Solved . I got mixed answers. Dodd frank has been fully and vigorously forced. Would that solve the too big to the problem by itself . The answers from all four were no. Part of it is regulation. The fed reserve is the biggest regulator. What do you think janet yellen will do as far as big Bank Regulation that her predecessor did not do . One of the tools at her disposal is ordering capital reserves. A second part relat
What could you do now to reduce this concentration . You have to keep up the pressure from the outside. Keep talking about it. We have to remind people that back in 2008 with a big crash came that remember they stood up and said we have got to build these things out because theres too much concentration in the Banking Industry. They are too big. We cannot let them fail. Where are we today . They are bigger today. If any bank failed now, there is no question the taxpayers government keeps saying the dodd frank rule is in place. I want to be clear those are steps in the right direction. Yesterday we had a hearing. I put a question to four of them. Is the too big to fail Problem Solved . I got mixed answers. Dodd frank, if it was fully and vigorously forced. Would that solve the too big to the problem by itself . The answers from all four were no. Part of it is regulation. The fed reserve is the biggest regulator. You are a huge supporter of janet yellen. What you think she will do as far
But the administration is not supporting that. What could you do now to reduce this concentration . You have to keep up the pressure from the outside. Keep talking about it. He had to remind people that back in 2008 with a big crash remember they stood up and said we have got to build these things out because theres too much concentration in the Banking Industry. They are too big. We cannot let them fail. Where we where are we today . They are bigger today here. The doddt keeps saying frank rule is in place. Those areclear steps in the right direction. Yesterday we had a hearing. I put a question to fpir of them four of them. Is it too big to fail Problem Solved . I got mixed answers. Has been fully and vigorously forced. Would that solve the too big to the problem by itself . The answers from all four were no. Part of it is regulation. The fed reserve is the biggest regulator. What do you think janet yellen will do as far as big Bank Regulation that her predecessor did not do . One of
This concentration . You have to keep up the pressure from the outside. You have to keep talking about it. We have to remind people that back in 2008 with a big crash came that remember they stood up and said we have got to build these things out because theres too much concentration in the Banking Industry. They are too big. We cannot let them fail. Where are we today . They are bigger today here. Government keeps saying the dodd frank rule is in place. I want to be clear those are steps in the right direction. Yesterday we had a hearing. I put a question to four of them. Is it too big to fail Problem Solved . I got mixed answers. Dodd frank has been fully and vigorously forced. Would that solve the too big to the problem by itself . The answers from all four were no. Part of it is regulation. The fed reserve is the biggest regulator. What do you think janet yellen will do as far as big Bank Regulation that her predecessor did not do . One of the tools at her disposal is ordering capi