# Prof. Lawrence White on systemic risk

1 Faculty News October 22, 2012 ![Marketplace Logo](/sites/default/files/styles/246w/public/assets/images/marketplace_logo.jpg?itok=IIav3Udj)>

Excerpt from [Marketplace](http://www.marketplace.org/topics/business/what-makes-company-too-big-fail) -- "[Lawrence White](http://www.stern.nyu.edu/faculty/bio/lawrence-white) is an economist at the NYU Stern School of Business. He says the financial crisis showed us 'just how fragile our financial system had become and how systemic roughly a dozen very large financial institutions had become.'"

[Read more](http://www.marketplace.org/topics/business/what-makes-company-too-big-fail)