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Tuesday, April 24, 2012

Chris Whalen: ''The Fallacy of “Too Big To Fail”–Why the Big Banks Will Eventually Break Up''

From Financial Sense

"In a riveting interview on the banking industry, Christopher Whalen of Tangent Capital Partners in New York joins Jim on Financial Sense Newshour to discuss the fallacy of "too big to fail," conflicts of interest in the derivatives markets, problems with the 2005 bankruptcy laws, and why politicians let MF Global investors get taken."

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