". . . Paul Krugman claimed that “too big to fail was at best marginal" to the crash of 2008. Earlier this month, the economist Austan Goolsbee said on Twitter that "BIG wasn't what made Bear or Lehman dangerous. it was the ability to spill damage onto others." Former Rep. Barney Frank (D-Mass.) even said Lehman was "very small" when it failed. . . This has accompanied a broader barrage of Clinton rhetoric suggesting that Bernie Sanders' plan to break up big banks is a weak proposal that ignores her tough-as-nails shadow banking plan. Basically, the argument goes, "too big to fail" was never a serious problem, or at least the “big” part of it wasn’t really a problem, and anyhow, Lehman Brothers wasn’t very big. . . "
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