[Read and download] Too Big to Fail: The Hazards of Bank Bailouts
• Gary H. Stern, Ron J. Feldman •
| #2536102 in Books | Brookings Institution Press | 2004-02-29 | Ingredients: Example Ingredients | Original language:English | PDF # 1 | .91 x6.00 x9.22l,1.15 | File Name: 0815781520 | 230 pages |
||2 of 2 people found the following review helpful.| The Psychology of the Market Place|By Kenneth C. Basilio|This is fundamentally a psychological interpretation of the relevance of the variable Too Big To Fail (TBTF) on the interactions of policymakers and the banking system. Although the authors do not stress their analysis as a psychological approach their analysis as a psychological approach is a compelling example of|||"This is a valuable and comprehensive treatise on TBTF, a critically important policy issue that needs to be addressed well before another banking or financial crisis occurs. Policymakers, regulators, government officials, legislators, and private financial
The potential failure of a large bank presents vexing questions for policymakers. It poses significant risks to other financial institutions, to the financial system as a whole, and possibly to the economic and social order. Because of such fears, policymakers in many countries —developed and less developed, democratic and autocratic —respond by protecting bank creditors from all or some of the losses they otherwise would face. Failing banks are labeled "...
[PDF.xq22] Too Big to Fail: The Hazards of Bank Bailouts Rating: 3.88 (505 Votes)
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