S&P opines on the next financial crisis, saying Dodd-Frank's prohibitions against bailing...

|By:, SA News Editor

S&P opines on the next financial crisis, saying Dodd-Frank's prohibitions against bailing out one of the SiFis will be ignored or amended if the situation gets hairy enough. All of the ratings agencies continue to assume government support for the SiFis in their models, to the chagrin of lawmakers and regulators.