Comment: Big Banks May Not Be Too Big To Fail ? ? ?

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Big Banks May Not Be Too Big To Fail ? ? ?

When Warren cornered Bernanke he pretty much stated that Fed policy now is to "liquidate" the big banks if necessary due to a "failure". Makes me wonder if he really meant that or if he was just trying to get off the hot seat. In any event, it would be good to know how credit default swap spreads reacted to his comments. Anyone have Bloomberg?

Ed Rombach