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09.01.2009 5:00 pm

Too big to fail, and unfortunately getting bigger

St. Louis Post-Dispatch

Fed officials such as James Bullard, Thomas Hoenig and Gary Stern have spoken eloquently about the need to address banking’s too-big-to-fail problem, but in the real world, bank regulators haven’t done much about it. In fact, the Washington Post reported last week,…

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10.03.2008 1:43 pm

What’s good for the economy may not be good for Citi

St. Louis Post-Dispatch

Citigroup is outraged that Wells Fargo would come in and break up its bargain-basement, government-financed deal to buy Wachovia Bank. But let’s hope the regulators find a way to make the Wells Fargo deal happen: It won’t cost taxpayers anything, and it may…

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