Jeremy C. Stein Famous Quotes & Sayings

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1 Jeremy C. Stein Famous Sayings, Quotes and Quotation.

Jeremy C. Stein Sayings: Perhaps more to the point for TBTF (Too Big To Fail bank), if a SIFI Perhaps more to the point for TBTF (Too Big To Fail bank), if a SIFI (Systemically Important Financial Institution) does fail I have little doubt that private investors will in fact bear the losses-even if this leads to an outcome that is messier and more costly to society than we would ideally like. Dodd-Frank is very clear in saying that the Federal Reserve and other regulators cannot use their emergency authorities to bail out an individual failing institution