As Federal Reserve Bank of Kansas City President Thomas Hoenig recently noted The problem with SIFIs ("systemically important financial institutions," a.k.a. too big to fail banks) is they are fundamentally inconsistent with capitalism.

http://www.zerohedge.com/article/guest-post-us-kleptocracy-too

As Federal Reserve Bank of Kansas City President Thomas Hoenig recently noted
The problem with SIFIs ("systemically important financial institutions," a.k.a. too big to fail banks) is they are fundamentally inconsistent with capitalism. 


This is a Fed Banker Talking about Our Banks ...