Tuesday, March 17, 2009

Unintended consequences of "Too Big to Fail" and other possible changes in regulation

Unintended consequences.People mean well (yes even politicians and regulators) when they clamor for new rules and regulations to solve this crisis or that. But what they often fail to realize is that their actions have unintended consequences. For instance, from the Wall Street Journal seemingly in response to Bernanke's recent comments that some institutions are too big (important) to fail.:

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