p17l55f56c1qt6gp5o3k1aj100db.jpg

On Attorney General Eric Holder's admission some banks are 'too big to jail':

"What gives the U.S. Attorney General the right to waive the prosecution of criminal behavior based upon his 'concern' for the broader economy? Is this really legal?"

Related Article: How Holder's Surprising 'Too Big to Jail' Admission Changes Debate

(Image: Bloomberg News)
p17l55f56cf5c1mom19u69v5k61c.jpg

On Attorney General Eric Holder's admission some banks are 'too big to jail':

"This is not a bank issue. It is an issue with any large firm … If there has been felonious activity, go after the persons involved and prosecute them … They are not and should not be immune from prosecution."

Related Article: How Holder's Surprising 'Too Big to Jail' Admission Changes Debate

(Image: Thinkstock)
p17l55f56c1ncj4361r3feln1sloa.jpg

On a call to raise capital levels, but ditch Basel III:

"A very succinct observation, but it will never fly: it makes too much sense."

Related Article: Raise Capital Levels, But Ditch Basel III

(Image: Thinkstock)
p17l55f56cmr9iang2r1pbkid86.jpg

On Sen. Brown's and Sen. Vitter's plan to introduce a bill to end 'too big to fail':

"Well, it is about time that someone started doing their job."

Related Article: Brown, Vitter to Introduce Bill to End Too Big to Fail

(Image: Bloomberg News)
p17l55f56chd5nag1nueo6b179r4.jpg

On a U.K. regulator admitting missing signs of Libor manipulation:

"How bad is it when … former Treasury Secretary Timothy Geithner … could spot Libor-rigging before the British regulator supposedly responsible for supervising the rate-setting banks."

Related Article: U.K. Regulator Admits Missing Signs of Libor Manipulation

(Image: Thinkstock)
p17l55f56c1tj9a4l1t3gel95p5.jpg

On whether 'too big to fail' is a distraction:

"Breaking up so-called TBTF institutions is a cop-out. Let's focus some more attention to resolving the unique challenges of governing large institutions."

Related Article: 'Too Big to Fail' Is a Distraction

(Image: Thinkstock)
p17l55f56c1042199a157s1480irvd.jpg

On whether 'too big to fail' is a distraction:

"TBTF has been at the bottom of the financial crisis that is still haunting global financial instability - six years after the debacle … The chant of the current FM [free market?]: Consolidate, Converge and Compete has to imbibe the lessons of recession still."

Related Article: 'Too Big to Fail' Is a Distraction

(Image: Thinkstock)
p17l55f56c7ss1217lk01f088e98.jpg

On PNC closing 200 branches this year:

"Opening branches is fun and easy. Everyone loves ribbon cuttings and promises of growth. Closing branches and dealing with the impact on customers and employees is hard - and necessary."

Related Article: PNC to Close 200 Branches This Year

(Image: Thinkstock)
p17l55f56ca5913f91i1j1i0p1am17.jpg

On PNC closing 200 branches this year:

"Until very recently most traditional … banks were vigorously defending dense branch networks and committing to expansion. Is the turnabout due to an epiphany … or just a knee jerk reaction to compressed margins? Either way, it seems to suggest a lack of strategic vision."

Related Article: PNC to Close 200 Branches This Year

(Image: Thinkstock)
p17l55f56c1hvv1r36p49vmv13sn9.jpg

On FHFA vetoing a Fannie Mae plan on force-placed insurance:

"By his action, [Ed DeMarco] could perhaps be characterized as someone who walks a battlefield pouring salt on the wounded."

Related Article: Waters Presses FHFA on Force-Placed Veto

(Image: Bloomberg News)
p17l55f56c1jm3qvg8a3o5g18283.jpg

On contradictory regulation:

"Maybe lenders need to 'require' regulators to be clearer."

Related Article: Home Lenders Damned if They Stick to QM, Damned if They Don't

(Image: Thinkstock)
p17l55f56crj317q34921bjd1n31e.jpg

On what's driving an increase in online payday lenders:

"Consumer demand is the driving force behind the multitude of payday loan business models … Payday loan products serve a need. It's that simple."

Related Article: Payday Lenders Assail Online Competitors

(Image: Thinkstock)
MORE FROM AMERICAN BANKER