"The London Whale", et. al. .... Moby Bank?

Too-Oink-to......

"Systemically important financial institutions (SIFIs), meaning 'too-big-to-fail' (TBTF) banks, are too-dangerous-to-permit."

- Richard Fisher, President
   Federal Reserve Bank of 
                   Dallas

Mr. Fisher has several interesting observations on the problems created by the vast concentration of U.S. banking assets in the hands of so few institutions. For example, although there are over 6,000 banks in the U.S., over half of total assets are held by just 5 institutions. Ten years ago the top ten banks held 26% of total assets; today the top ten hold over 61% of total assets ... future prospects do not imply a change in this trend.

Sprawling....

The Federal Reserve Bank President pointedly lowers the boom with his assertion that the 'too-big-to-permit' banks are "so sprawling and complex .... so vast that their own management team may not fully understand their own risk exposures, providing fertile ground for...

Quacks....!?

.... unintended incompetence."

(... is that different from/
better than "intended incompetence"?)