TITLE

Treasury Bill Gets It Wrong on 'Too Big'

AUTHOR(S)
M. Isaac, William
PUB. DATE
November 2009
SOURCE
American Banker;11/4/2009, Vol. 174 Issue 200, p12
SOURCE TYPE
Trade Publication
DOC. TYPE
Opinion
ABSTRACT
In this article the author discusses aspects of the U.S. Treasury Department's bill proposal that addresses systemic risks and institutions that are too big to fail. He believes that this bill would extend the government safety net to non-bank companies participating in financial activities. He is critical of offering unelected officials the support to do more bailouts. Also investigated are the author's suggestions for reforms that the Treasury Department should be pursuing in U.S. Congress.
ACCESSION #
45017695

 

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