Too Big to Fail [333]
“We didn’t have the powers”: Joe Nocera and Edmund L. Andrews, “Struggling to Keep Up as the Crisis Raced on,” New York Times, October 22, 2008.
“At first, the Treasury”: Michael Lewis and David Einhorn, “The End of the Financial World as We Know It,” New York Times, January 4, 2009.
“policy by deal”: Simon Johnson, “Systemic Risk: Are Some Institutions Too Big to Fail and If So, What Should We Do About It?” Testimony before the U.S. House of Representatives Committee on Financial Services during hearing held July 21, 2009.
“The problem in politics is this”: From a Barney Frank interview on CBS’s 60 Minutes that first aired on December 11, 2008.
“It is not the critic”: Theodore Roosevelt, “Citizenship in a Republic: ‘Man in the Arena.’” Speech at the Sorbonne, Paris, April 23, 1920.
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Table of Contents
CHAPTER ONE
CHAPTER TWO
CHAPTER THREE
CHAPTER FOUR
CHAPTER FIVE
CHAPTER SIX
CHAPTER SEVEN
CHAPTER EIGHT
CHAPTER NINE
CHAPTER TEN
CHAPTER ELEVEN
CHAPTER