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For example, when President Obama said to leading bankers in March 2009, "My administration is the only thing between you and the pitchforks," he was suggesting that people favoring a resolution process for large financial institutions — closing them down in an orderly fashion — were akin to some kind of a peasants' revolt.
The opposition is already claiming that the reforms reflect a callous ideological zeal.And a fair amount of reform to date has entailed what one former cabinet minister calls "playing shops": there was no real risk of large institutions closing; failures were softened by state intervention.
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The company said the sale to institutions closed at 2.50 Australian dollars a share.
A schoolboy once asked if there were "cultural institutions" close to Coney Island.
Of the 32 fake institutions closed, 25 were based overseas, according to Jayne Rowley, director of Hedd.
The report covers a period from the 1930s to the 1990s, when the last of the institutions closed.
Even during the savings-and-loan crisis of the 1980's, institutions closed before runs could occur.
Japan, Korea and most countries in eastern Europe have barely started.Though the idea was sound, in some countries community-based care was not ready before institutions closed.
It also calls for expanding the list of individuals and financial institutions close to Colonel Qaddafi that would have their assets frozen.
In the last decade, 140 small co-ed institutions closed or were completely absorbed by another institution, compared with 6 out of 86 four-year women's liberal arts colleges, according to recent data from the Department of Education.
Speaking at CNBC's Delivering Alpha conference in midtown Manhattan, Mr. Geithner acknowledged that European regulators had traditionally been more "indulgent" of their banks, given the institutions' close ties to their governments.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com