‘Too Big to Fail’ May Still Exist Despite Democrats’ Regulations

June 15th, 2011 3:00 PM
Christy Romero, the acting Special Inspector General for the TARP bank bailout program, told the House Financial Services Committee on Tuesday that the Dodd-Frank financial regulatory law may not end the “too big to fail” policy and the moral hazard surrounding it. Testifying before the House Financial Services Committee’s Financial Institutions and Consumer Credit Subcommittee, Romero said…