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Neel Kashkari

Politico Europe: Why U.S. and European banks are still 'Too Big to Fail'

"It wasn't supposed to be this way. The regulatory onslaught that followed the 2008 crisis had one big target: ending "Too Big to Fail," the popular shorthand for large banks' (and insurers') ability to hold governments to ransom by threatening to bring down entire economies with them.