10/02/2010 10:09 pm ET Updated May 25, 2011

TARP Is Ending, But Too Big To Fail Isn't: Count On Future Bailout, Says Gretchen Morgenson

As regulators hammer out the rules governing derivatives transactions, it's evident that [Dodd-Frank] has created a new set of institutions that will almost certainly be deemed too important to fail if they ever get into trouble. And that means there won't really be an effective way to keep those firms from taking big, profitable, short-term risks that are dumped on the taxpayers when the bets fail.

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