Only Congress thinks Main Street banks are ‘too big to fail'

Abby McCloskey, American Banker, August 6, 2013

"No one is shedding tears over banks being designated systemically important under Dodd-Frank, but they should. Most designees had nothing to do with the financial crisis and don't pose a threat to economic stability, but they're subject to the full brunt of Dodd-Frank's rules.

The result? There's less competition and supervision for banks widely regarded as "too big to fail" – the exact opposite of what policymakers intended."