Speech

Paradise Lost: addressing \"Too big to fail\" (with reference to John Milton and Irving Kristol)


Abstract: \"In the words of Milton, I would say that regulation should be designed to enable financial institutions to be 'sufficient to have stood, though free to fall.'\" ; Remarks before the Cato Institute's 27th Annual Monetary Conference, Washington, D.C., November 19, 2009

Keywords: Bank failures; Regulation; Financial crises; Financial stability;

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Provider: Federal Reserve Bank of Dallas

Part of Series: Speeches and Essays

Publication Date: 2009

Number: 1