# Prof. Paul Romer's research on looting

1 January 26, 2013 The Huffington Post ![Huffington Post logo](/sites/default/files/styles/246w/public/assets/images/huffpost192x144.jpg?itok=sF2Y0c9v)>

Excerpt from [The Huffington Post](http://www.huffingtonpost.com/william-k-black/frontline-banking-crisis_b_2557146.html) -- "Any bank that is too big to fail and to prosecute is a clear and present danger that should be promptly shrunk to the point that it can no longer hold the global economy hostage in order to extort immunity from the criminal laws for the controlling officers who became wealthy by being what Akerlof and [Romer](http://www.stern.nyu.edu/faculty/bio/paul-romer) aptly described as 'looters.'"

[Read more](http://www.huffingtonpost.com/william-k-black/frontline-banking-crisis_b_2557146.html)