While there is much public posturing in Washington on the issue of too-big-to-fail, the more important issue than scale is safety.

FORBES: Why JPMorgan Chase Is Unsafe At Any Scale

In general, effective government oversight of individual institutions increases financial resilience and reduces moral hazard by attempting to ensure that all financial firms with access to some sort of federal safety net--including those that creditors may believe are too big to fail--maintain adequate buffers of capital and liquidity and develop comprehensive approaches to risk and liquidity management.

FORBES: Transcript

In particular, if no countervailing actions are taken, what would be perceived as an implicit expansion of the safety net could exacerbate the problem of "too big to fail, " possibly resulting in excessive risk-taking and yet greater systemic risk in the future.

FORBES: Reducing Systemic Risk