Systemically Important or “Too Big to Fail” Financial Institutions
CRS report via FAS – Systemically Important or “Too Big to Fail” Financial Institutions, Marc Labonte, Specialist in Macroeconomic Policy, updated January 4, 2017. “Although “too big to fail” (TBTF) has been a long-standing policy issue, it was highlighted by the financial crisis, when the government intervened to prevent the near-collapse of several large financial …