No Lehman Moments as Biggest Banks Deemed Too Big to Fail

There may be no government action more universally reviled in the U.S. than bank bailouts. Republicans and Democrats, financial industry lobbyists and watchdogs, Wall Street executives and President Barack Obama say taxpayers should never again rescue a failing bank.

To make sure a future crisis won’t force governments to intervene, international regulators are requiring the biggest banks to borrow less. Three years ago, U.S. lawmakers passed the Dodd-Frank Wall Street Reform and Consumer Protection Act -- with provisions to liquidate a collapsing financial institution and end the perception that some banks are too big to fail.