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Ending too-big-to-fail without breaking up the banks

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When you're talking about banks — especially big banks — a laissez-faire approach to regulation is often out of place: As long as government is subsidizing the banks, and as long as taxpayers are on the hook when these banks collapse, the government has a role in policing the banks. I've supported breaking up the big banks, but many on the right resist this call. Ammon Simon of the Judicial...

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