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World’s Biggest Banks to Borrow $1.2T to Avoid Another Collapse

New York Post

The era of ‘Too Big to Fail’ is over — in just seven years. The world’s 30 biggest banks will have to borrow about $1.2 trillion from Wall Street investors in order to prevent the kind of financial implosion that came in 2008 in the wake of the collapse of investment bank Lehman Brothers. The...

Mentions: Dodd-Frank Investment Investors