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Treasury Secretary Jack Lew declares victory in ending too-big-to-fail for banks

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Treasury Secretary Jack Lew declared victory in ridding the financial system of banks that are too big to fail Thursday morning, following up on a promise he made earlier in the year to ensure that no banks remained in a position to receive taxpayer bailouts if they collapse. In a speech at the Pew Charitable Trusts extolling the Obama administration's regulatory efforts and sketching out...

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