tag:blogger.com,1999:blog-2761684730989137546.post4718539488127078653..comments2024-03-29T02:19:19.866-04:00Comments on Mike Norman Economics: Yves Smith — The FDIC Continues to Promote the Fantasy That It Can Resolve Megabanksmike normanhttp://www.blogger.com/profile/03296006882513340747noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2761684730989137546.post-39450473430079999742012-06-04T19:15:04.982-04:002012-06-04T19:15:04.982-04:00Thanks, beowulf. I had not read the bill. Very imp...Thanks, beowulf. I had not read the bill. Very impressive drafting.<br /><br />But Geithner in charge? No way. It would take a Bill Black to cut through all the FUD the banks would throw up.Tom Hickeyhttps://www.blogger.com/profile/08454222098667643650noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-69336969233026326772012-06-04T18:52:11.896-04:002012-06-04T18:52:11.896-04:00I think Bernie Sanders came up with the only way t...I think Bernie Sanders came up with the only way to cut the Gordian Knot.<br />http://baselinescenario.com/2009/11/09/the-too-big-to-fail-too-big-to-exist-act-of-2009/<br /><br />Of course this plan does requires a Tsy Sec who isn't an embedded lobbyist for Wall Street. The Secretaries from Texas (Anderson, Connally, Baker, Bentsen) know their next job is back in the oil patch and not in banking, so they tend to be the only ones willing (and, perhaps, eager) to crack down on Wall Street.beowulfhttps://www.blogger.com/profile/14987548132065830204noreply@blogger.com