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Exploding the Too-Big-To-Fail Myth

Comments Off on Exploding the Too-Big-To-Fail Myth 371 Views

Crazed radicals (like the president of the Dallas Fed) think banks should suffer the consequences of their actions instead of relying on the government to underwrite executive bonuses. The theory behind bailouts of big financial institutions is that if they collapse they will infect other financial institutions.

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