
TOO BIG TO FAIL |
Subtitle:
The Hazards of Bank Bailouts
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Book Category:
Business & Economics > General
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Author:
Gary H. Stern / Ron J. Feldman
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Binding:
Paperback
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ISBN 13:
978-0-8157-0304-4
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Price:
USD 22.95
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Publication Year:
2009
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Publisher Info
Brookings Institution Press. InquiryExamines the issues surrounding "too big to fail," explaining why it is a problem and presenting ways to deal with it more effectively. Lucidly explains the moral hazard problem that plagues the large financial institutions that policymakers deem too big to fail and shows how they made the financial system riskier by implicitly promising to bail out the biggest banking institutions.
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