Too Big to Fail2011

Henry Paulson:
[TIREDLY] The Fed can lend to non banks under unusual and exigent circumstances, we're thinking of taking over 80% of the company.

Jim Wilkinson:
[INSISTENTLY] Hank we can't! This morning we were lecturing the entire country on moral hazard.

Henry Paulson:
[INCREASINGLY ANGRILY] AIG has collateral, they have assets, Lehman didn't, we couldn't lend into a hole, its not the same story!

Jim Wilkinson:
[PLEADINGLY] Nobody is going to care, its another bailout, with no legislation, the Hill is gonna go crazy, the country is gonna go crazy.

Henry Paulson:
[ANGRILY LECTURING] The plane we flew in on this morning leased from AIG, construction downtown AIG, life insurance 81 million policies with a face value of $1.9 trillion. Billions of dollars in teachers' pensions. You want "too big to fail" here it is! You got a better idea -the suggestion box is wide open!