Too big to fail? President Obama doesn't want to hear that again

Too big to fail? This isn't a designation that the Obama administration wants to exist any more. New regulations proposed by President Obama would result in "leaner and simpler institutions that don't carry the weight of the system," according to the Associated Press.

This designation could impact companies like Citigroup (C), Goldman Sachs (GS), and American International Group (AIG) -- companies known around Washington as TBTF (too big to fail).