In this special Crisis Plus 5 series of The Big Interview, John Thain, CEO of CIT Group and former CEO of Merrill Lynch, and WSJ Financial Editor Francesco Guerrera discuss the outlook for Wall Street. Mr. Thain says the issue of ‘too big to fail’ has still not been resolved five years after the tumultuous events that set off the financial crisis.

Category: Bailouts, Video

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7 Responses to “Thain: ‘Too Big to Fail’ Issue Still Not Resolved”

  1. diogeron says:

    This is the same man who Sheila Bair says in her book was mainly worried about “restrictions on executive compensation” a meeting with the Paulson team when the financial world was collapsing. (Page 5.) Bair says, “I couldn’t believe it. Where were the guy’s priorities.” So, excuse me if I don’t take seriously anything John Thain says.