The Myth of Too Big to Fail
ebook ∣ Palgrave Macmillan Studies in Banking and Financial Institutions
By I. Moosa
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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.