Systemically Important or “Too Big to Fail” Financial Institutions
CRS – Systemically Important or “Too Big to Fail” Financial Institutions. Marc Labonte, Specialist in Macroeconomic Policy. June 30, 2015. “Although “too big to fail” (TBTF) has been a longstanding 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 …