# Professor Thomas Philippon's comments at a panel on bank bailouts are highlighted

1 Faculty News May 17, 2016 ![Fortune logo](/sites/default/files/styles/246w/public/assets/images/con_031172.jpg?itok=61CxYB-R)>

Excerpt from [Fortune](http://fortune.com/2016/05/17/clinton-too-big-to-fail/) -- "...[Thomas Philippon](http://www.stern.nyu.edu/faculty/bio/thomas-philippon), professor of finance at NYU’s Stern School of Business, argued at the symposium that taxing leverage makes sense, but is easier said than done. He argues that banks could hide their leverage using complex financial instruments like contingent assets or derivatives, avoiding Clinton’s tax while still bulking up on risk."

[Read more](http://fortune.com/2016/05/17/clinton-too-big-to-fail/)