“Tarp's Price Tag: 'Too Big to Fail' Now Reality” (American Banker)

September 23, 2009

SULLIVAN & CROMWELL LLP Chairman Rodge Cohen was quoted in an American Banker article, “Tarp's Price Tag: 'Too Big to Fail' Now Reality,” that focused on whether the idea that some institutions are now too big to fail with new government policies. Mr. Cohen said, "What Tarp did not provide was a program for the medium-sized and smaller banks that needed Tarp to be viable," Mr. Cohen said. "If it was my call I would certainly have created that and there is no reason it can't be done now."