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" More specifically, there was no orderly process for allowing a handful of giant troubled firms to go bankrupt in a way that would not cause the rest of the system to unravel (e.g., Fannie Mae, Freddie Mac, AIG). "

Charles Wheelan , Naked Money: A Revealing Look at Our Financial System


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Charles Wheelan quote : More specifically, there was no orderly process for allowing a handful of giant troubled firms to go bankrupt in a way that would not cause the rest of the system to unravel (e.g., Fannie Mae, Freddie Mac, AIG).