The Failure of Too Big to Fail

As the government moves forward with plans to put more stringent controls on financial institutions and Wall Street, Robert Reich and Paul Krugman don't think the proposals go far enough. Not so, says Edward L. Yingling, president of the American Bankers Association. Speaking of the reform proposals he says "you don't want to create a system that raises great uncertainty and changes what institutions, risk management executives and lawyers are used to." Really.