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The Man Who Saved New York
Friday, July 03, 2009
Financier Felix Rohatyn helped New York avoid bankruptcy in the 1970's - so what does he make of the city's current financial crisis?
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Mr Rohatyn compared to Richard Parson's comment on financial institutions on "Too Big to Fail", I feel there hasn't been enough analysis of the risk to the financial system with these large companies. For Mr. Parsons if you ever have him on the show again, what benefit do these large finacial institutions provide? Why do we allow such consolidation of these banks?
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