John Thain: 2008 Financial Crisis Can 100% Still Happen [VIDEO]

John Thain, former chairman and CEO of Merrill Lynch and COO at Goldman Sachs Group, Inc. (NYSE:GS), told Bloomberg Television's Erik Schatzker and Sara Eisen on "Market Makers" today that a crisis like the one in 2008 could "absolutely" happen again." Thain said, "If anything, too big to fail is a bigger problem because the biggest financial institutions are more concentrated today than they were. Dodd Frank did not solve too big to fail."

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