The Myth of Too Big To Fail
Author | : I. Moosa |
Publisher | : Springer |
Total Pages | : 239 |
Release | : 2010-10-27 |
ISBN-10 | : 9780230295056 |
ISBN-13 | : 0230295053 |
Rating | : 4/5 (053 Downloads) |
Download or read book The Myth of Too Big To Fail written by I. Moosa and published by Springer. This book was released on 2010-10-27 with total page 239 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.