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Too Big Too Fail: Where Are They Now?

Posted: 03/ 1/2012 7:56 am Updated: 03/ 1/2012 7:56 am

Too Big To Fail

Businessweek:

What began in 2007 as a collapse of "sub-prime" real estate loans spread in 2008 to threaten Wall Street's most powerful banks -- and, eventually, everything from small business lending to money market funds.

Read the whole story at Businessweek

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Filed by Jillian Berman  | 
 
 
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Vinkaye
science matters
10:05 AM on 03/02/2012
To summarize... the boys are all still alright! Wow, what a relief they they all have managed to continue to earn huge sums of money, all have resumed gambling with tax payer money, and setting up the world economy for another round of tip the dominoes! What a fabulous tale of do whatever you want, and never face any consequences! Note to Bernie Madoff: you apparently worked over the wrong crowd!
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mygiza
09:11 PM on 03/01/2012
Finance 101:

" Transparently or not --- Stealing money from banking customers ---

yet still abiding by American Law is a great business strategy".
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06:55 PM on 03/01/2012
What the heck does that headline mean, the banks that almost crashed the economy. They did crash the economy. Really, really bad.
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JoAnn Kennedy
06:11 PM on 03/01/2012
Bring back Glass Steagal -- if these K Street bankster lobbyists had not bribed their way into making sure that both the R's and D's along with Speaker of the HOuse Newt GingRICH pass the Financial Securities Modernzation Act repealing Glass Steagal (thanks Billy clinton) the world would be a different place today.
01:57 PM on 03/01/2012
That's easy! No good! Did you think they had a come to jesus moment or something? They are run by conservative who only worship the mighty $..
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humanbeing-rick
Born in the USA 1947
10:52 AM on 03/01/2012
Great line-up, however I am not sure why Barney Frank and Chris Dodd are listed with this bunch of bad actors. The most outstanding fact is that none of these bad actors are in jail, or have had their ill-gotten gains clawed back, as they should.
10:51 AM on 03/01/2012
We should return to anti-trust actions. Major investment banks should be broken up. These monsters are only good for the criminals at the top running them and in a sense dictating the policies of the United States.
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jkkFL
Opinions are not Facts.
10:45 AM on 03/01/2012
They're right where they've always been..with their hand in our pockets!
Move your money!
09:18 AM on 03/01/2012
The HBO movie was great. I recommend everyone watch it. Helps understand how this all came to be.