FDIC's Bair: No bank is too big to fail

Industry's top regulator repeats calls to create system for large failing financial institutions, expresses caution on allowing some banks to pay back TARP.

FDIC Chairman Sheila Bair

NEW YORK (CNNMoney.com) -- Federal Deposit Insurance Corp. chief Sheila Bair reiterated calls for creating a system that would allow regulators to dismantle a large financial institution. (more)