Tuesday, September 20, 2011

1:30PM - 2:30PM

TACKLING TOO BIG TO FAIL: DID DODD-FRANK ELIMINATE THE PROBLEM?

Moderator: Rob Blackwell, Washington Bureau Chief, AMERICAN BANKER

H. Rodgin Cohen, Partner, SULLIVAN & CROMWELL LLP

Randall Kroszner, Norman R. Bobins Professor of Economics, THE UNIVERSITY OF CHICAGO, BOOTH SCHOOL OF BUSINESS

Thomas M. Hoenig, Member of the Board of Directors, FEDERAL DEPOSIT INSURANCE CORPORATION

Did passage of the Dodd-Frank eliminate “too big to fail”? It’s a debate that continues to rage more than a year after the law’s enactment. Some regulators say it did, pointing to new requirements that force large banks to draw up living wills to help regulators dismantle such firms in a crisis. But others say the government did not go nearly far enough in solving the problem, and should require the largest banks to break up well before future economic troubles emerge.

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