Markets Suffer as Investors Weigh Relentless Trouble
“The real concern that we have is that we have got and developed, in this country, a very serious ‘too big to fail’ problem,” Mr. Bernanke said. “And that problem, we’ve just recognized now in the current situation, how severe it is.”
It seemed a curious concern for a man whose central bank has worked with the Treasury to engineer a series of shotgun corporate weddings — deals that have further concentrated money in fewer hands.
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