Submitted by Tyler Durden.
Submitted by the Finance Addict
The Wrong Answer
So here’s an interesting question from American Banker.
Mind you, American Banker is an industry trade publication. It boasts that “when financial services CEOs speak, they speak to American Banker’s reporters.” AB is published by Source Media, which describes itself as “the pre-eminent provider of timely and essential market information [...] for members of the financial services community.” So it’s quite clear that those who read American Banker are likely to work for or to be in some way connected to banks.
Now here’s a snapshot of the survey results (as of 2:00am EST):
So here’s my question: if banks, themselves, do not believe that Too Big to Fail is over then why should we?