Oct 1, 2010

The Too Big To Fail Problem

“The ‘too big to fail’ problem has become an even too bigger to fail problem. That is what happens when you do mergers that don’t make any sense.”

Nouriel Roubini, Bloomberg Dealmakers Summit in New York

Related stocks: Citigroup Inc. (NYSE:C), Bank of America Corporation (NYSE:BAC), JPMorgan Chase & Co. (NYSE:JPM), Wells Fargo & Company (NYSE:WFC) , Goldman Sachs Group, Inc. (NYSE:GS) , Morgan Stanley (NYSE:MS)