"The idea that it's smart to allow Wall Street firms, with this "too big to fail" imprimatur, to become hedge funds again - it's unconscionable. You're essentially saying we're going to take some elites in our society and let them roll the bones in the marketplace, and if it works out they get rich, and if it doesn't work out the taxpayer comes in again. That seems absolutely crazy to me. That seems to be where they're headed. I mean, maybe they're not and I'm wrong. Maybe they'll do sensible things. It's hard to know! There doesn't seem to be a plan."

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Source: Source: www.businessinsider.com

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Michael Lewis

Author, Journalist

Michael Lewis is a renowned author and journalist known for his impactful books like 'The Big Short' and 'Moneyball,' which explore complex systems and human behavior.

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