Wall Street Journal (March 5)
2011/ 03/ 07 by jd in Global News
Many recent financial reforms are designed to prevent banks from becoming too big to fail. In fact, large banks and holding companies still enjoy “a lower cost of funds than banks in every other category.” The market still believes the banks are too big to fail. The Wall Street Journal believes there will be even more bailouts come the next crisis because, “Dodd-Frank is making the big banks bigger and more protected than ever against failure.”
Tags: Bailouts, Banks, Dodd-Frank, Financial Reform