The myth of too big to fail
Author(s)
Bibliographic Information
The myth of too big to fail
(Palgrave Macmillan studies in banking and financial institutions)
Palgrave Macmillan, 2010
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Description and Table of Contents
Description
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.
Table of Contents
The Doctrine of TBT The History of TBTF and High-Profile Episodes Far too Big and Politically Connected The Obesity of the Financial Sector Worthy of a Bailout: To be or Not to Be Why too Big to Fail is Too Outrageous to Accept Dealing with the Menace of TBTF Forget about Basel II
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