Too Big to Fail 11-10-11
Running Time: 01:45:32
[ Full Audio]
The Dodd-Frank Wall Street Reform and Consumer Protection Act was aimed at correcting a number of problems relating to the market woes of the last few years. Among other things, it specifically sought to address issues pertaining to the idea that some entities were too big and intertwined with the economy to be allowed to fail. Our panel will discuss the legal (and potential constitutional) issues coming out of Dodd-Frank. In passing the act, has Congress overstepped its bounds? Will Dodd-Frank succeed in identifying the entities that are “too big to fail,” and will it be effective in regulating them in a way that will prevent their failure? This panel was featured as Showcase Panel I at the 2011 National Lawyers Convention on November 10, 2011.
Showcase Panel I: Too Big to Fail
9:15 a.m. – 11:15 a.m.
- Mr. Dean Baker, Co-Director, Center for Economic and Policy Research
- Mr. H. Rodgin Cohen, Partner, Sullivan & Cromwell LLP
- Mr. Paul Singer, Founder and Chief Executive Officer, Elliott Management Corporation
- Hon. Peter J. Wallison, Arthur F. Burns Fellow in Financial Policy Studies, American Enterprise Institute, former General Counsel, U.S. Department of the Treasury, and former White House Counsel
- Moderator: Hon. Diane S. Sykes, U.S. Court of Appeals, Seventh Circuit