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FILE - In this Sept. 16, 2008 file photo, an American International Group office building is shown in New York. AIG has reached a deal Thursday, Sept. 30, 2010 to repay the government billions of dollars in assistance it received during the credit crisis. (AP Photo/Mark Lennihan, File)
FILE - In this Sept. 16, 2008 file photo, an American International Group office building is shown in New York. AIG has reached a deal Thursday, Sept. 30, 2010 to repay the government billions of dollars in assistance it received during the credit crisis. (AP Photo/Mark Lennihan, File)
(Mark Lennihan/Mark Lennihan/AP)

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New rules may put an end to too-big-to-fail problem

Has the too-big-to-fail problem been licked? The Bank of England and Federal Deposit Insurance Corp. (FDIC) sound pretty confident, declaring this week they’re nearly in a position to resolve a systemic failure without inflicting losses on taxpayers. It’s hard to know without a test case. But the signal from capital markets suggests watchdogs may be on to something.