Systemically Important or "Too Big to Fail" Financial Institutions

by Marc Labonte

Although "too big to fail" (TBTF) has been a perennial policy issue, it was highlighted by the near-collapse of several large financial firms in 2008. Financial firms are said to be TBTF when policy makers judge that their failure would cause unacceptable disruptions to the overall financial system, and they can be TBTF because of their size or interconnectedness. In addition to fairness issues, economic theory suggests that expectations that a firm...

• Format: Paperback
• Language: English
• ISBN: 150868698X
• ISBN13: 9781508686989
• Release Date: June 2015
• Publisher: Createspace Independent Publishing Platform
• Length: 64 Pages
• Weight: 0.38 lbs.
• Dimensions: 0.1" x 8.5" x 11.0"