The Myth of Too Big To Fail (Palgrave Macmillan Studies in Banking and Financial Institutions) by Imad A. Moosa
English | Dec. 15, 2010 | ISBN: 0230277764 | 256 Pages | PDF | 893.17 KB
English | Dec. 15, 2010 | ISBN: 0230277764 | 256 Pages | PDF | 893.17 KB
The book presents arguments against the taxpayers’-funded bailing out of failed financial institutions, and puts forward suggestions to circumvent the TBTF problem, including some preventive measures. It ultimately argues that a failing financial institution should be allowed to fail without fearing an apocalyptic outcome.