"Too Big Too Fail": Obama's Reforms Don't Address Lessons From "Lehman Monday"

Obama's Reforms Won't Stop "Too Big To Fail" Institutions

One year after the demise of Lehman Brothers Holdings Inc. paralyzed the financial system, “mega-banks,” as Fine’s group calls them, are as interconnected and inscrutable as ever. The Obama administration’s plan for a regulatory overhaul wouldn’t force them to shrink or simplify their structure.

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