I’m OK with eliminating the too big to fail designation as long as we allow them to fail as we should have with AIG. I also feel we should have an exemption for losing the designation to any company who received a bailout, including AIG. They took the money (more than anybody) so should be stuck with the designation.
Good bye Dodd-Frank.
I’m OK with eliminating the too big to fail designation as long as we allow them to fail as we should have with AIG. I also feel we should have an exemption for losing the designation to any company who received a bailout, including AIG. They took the money (more than anybody) so should be stuck with the designation.
Dave, the way AIG has been run, no wonder the non insurance guy was shown the door. Too bad he got $5 million until they got a replacement.