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

"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.

Christopher Whalen is Senior Managing Director of Tangent Capital Partners in New York, where he works as an investment banker providing advisory services focused on companies in the financial services sector."

http://www.financialsense.com/financial-sense-newshour/guest-expert/2012/04/20/chris-whalen/fallacy-of-too-big-to-fail-why-big-banks-will-eventually-break-up