"I want to be very, very clear, too-big-to-fail is one of the biggest problems we face in this country, and we must take action to eliminate too-big -to-fail. One of the strongest things we can do to eliminate too-big-to-fail is create this special bankruptcy regime that would allow us to unwind a failing systemic and critical firm in a way that doesn't destroy the financial system. If you have this mechanism, then all banks, not just small ones, would be subject to market forces. And that, in turn, I think, would impose more discipline on pay packages over a period of time. But we don't have that yet. And right now, we have a situation still where the government is either directly or indirectly providing some protection or help to many large financial institutions. And with that recognition, I think that bankers ought to exercise some restraint in their pay decisions".
mandag den 28. december 2009
Årets mand i 2009
Time Magazine har valgt Ben Bernanke, formand for Federal Reserve, til årets mand (eller person, som de skriver så politisk korrekt) og seneste nummer indeholder en række artikler om Bernanke, herunder et interview med ham (se det fulde interview her).