By Robert Gavin. Robert Pozen, chairman of Boston mutual fund firm MFS Investment Management, recently published a new book, “Too Big to Save?,’’ which explores the global financial crisis and the steps needed to reform the US financial system.

By Jennifer Schonberger.

Bob Pozen, chairman of MFS Investment Management and author of the book Too Big to Save? How to Fix the U.S. Financial System, stopped by Fool HQ recently to talk about some of these hot-button issues facing our economy and markets. He chatted with us about the sustainability of the market rally, rebalancing the global economy, the dollar, and gold. Here are some highlights from our conversation.

Most books about the nation’s financial crisis tell us what happened. In his new book, HBS senior lecturer Robert Pozen tells us how to fix the system. A financial industry veteran and chairman of MFS Investment Management, a Boston firm that oversees more than $170 billion in pension and mutual funds, Pozen writes with authority and unusual clarity about complex issues in Too Big to Save? How to Fix the U.S. Financial System (Wiley).

Written by Elizabeth Leonard.

Comprehensive in scope, Too Big to Save looks at each of the factors that played a role in the crisis: the housing boom, subprime loans and the impact of mortgage-backed securities; Fannie Mae and Freddie Mac; credit default swaps, AIG and collateralized debt obligations; hedge funds and short selling; and capital requirements. But this is not an alphabet soup. These topics are precisely defined and clearly presented in a highly readable and well-paced narrative. Moreover, ..read more

By Katharine Q. Seelye. What is the Public Option? “Some see it as having the government act as a provider of last resort,” Robert C. Pozen, a senior lecturer at Harvard Business School, wrote online in Harvard Business, arguing in favor of state-based public options. “Others mean a national one-payer system based on the Medicare model. Still others mean health care cooperatives, though they do not exist in most of the U.S.”

Whatever the public option may actually be, the public itself seems ..read more

From Brad DeLong’s Egregious Moderation:

The best finance book I’ve read so far this year (and I’ve read a slew of them) is Robert C. Pozen’s Too Big to Save? …

In short, what we have here is the book that every business/finance professor wants needs. Not to assign to his students: nothing to vulgar as that. What you do with Pozen is stuff it in your top drawer and sneak a peek whenever you want to look brilliant. I ..read more

By Jennifer Schonberger.

It’s clear by now that a failure of regulation on multiple fronts helped to fuel the financial crisis. What’s more, according to Bob Pozen — chairman of MFS Investment Management and author of the book Too Big to Save? How to Fix the U.S. Financial System — government has also failed, in certain instances, to clean up the fallout from the crisis.

By KAREN BLUMENTHAL. Bob Pozen, chairman of MFS Investment Management in Boston and author of a new book, “Too Big to Save?”, argues that increasing the insured amount to such a high level discourages companies and wealthy individuals from studying which banks are worthy of holding their money.

That essentially removes one of the private-sector checks in the system, he says.

Individuals who chase the higher yields offered by weaker banks could be taking an unforeseen risk. If the bank fails and is ..read more

Reviewed by Robert J. Hughes

To everyday consumers, “too big to fail” has become a dubious mantras. Where is the fairness in a government bailout of large banks and corporations that leaves regular people wondering when things are going to turn around for them.

Here, author Pozen, chairman of MFS Investment Management, a lecturer at Harvard Business School and a contributor to The Wall Street Journal, provides an analysis of the financial arrangements the government has used to bolster the economy, with ..read more

Searching for ways to fix the U.S. financial system, with Bob Pozen, MFS Investment Management chairman and CNBC’s Maria Bartiromo.

[Video on CNBC, Airtime: Tues. Nov. 10 2009 | 4:16 PM ET