Is There a Way to Eliminate Too Big to Fail?

The financial industry worries about what happens when we get the next leman moment. We ought to eliminate the entire concept of too big to fail by eliminating this concept of custodianship, Josh says. The current system now is that there's all these layers of risk in in settlement and custody,. whereas in a purely, again, ten tenths of the law, whoever owns tese keys owns the title.