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"Too big to fail" (TBTF) is a theory in banking and finance that asserts that certain corporations, particularly financial institutions, are so large and so interconnected that their failure would be disastrous to the greater economic system, and therefore should be supported by government when they face potential failure.
Nov 13, 2023 · "Too big to fail" describes a business or sector whose collapse would cause catastrophic economic damage. The U.S. government has intervened with rescue measures where failure poses a risk to the economy. Learn about the history, reforms, and critique of this concept, as well as the examples of banks and companies considered "too big to fail".
May 23, 2011 · A biographical drama that follows Treasury Secretary Henry Paulson and other key players as they try to prevent a financial meltdown. Based on the book by Andrew Ross Sorkin, the movie features James Woods, John Heard, William Hurt and others.
- (19K)
- Curtis Hanson
- TV-MA
- James Woods, John Heard, William Hurt
Sep 7, 2010 · “Too Big to Fail” is an altogether excellent book by financial journalist Andrew Ross Sorkin. It’s a compelling narrative that tells the story of how the nation’s largest and most prestigious financial institutions came to the brink of collapse – and almost took the entire economy with them – in the great economic crisis of 2008.
- Andrew Ross Sorkin
- $13.99
- Penguin Books
Sep 13, 2022 · The web page traces the history of the bailouts of large banks after the 2008 financial crisis, from Bear Stearns to AIG, and their current status and challenges. It also discusses the impact of bailouts on the banking industry and the economy, and the role of commercial banking in the post-crisis era.
May 31, 2022 · Learn what "too big to fail" means and how it affected the 2008 financial crisis. See examples of banks, firms and insurance companies that were bailed out or rescued by the government.
Oct 18, 2017 · The bailout of the Bank of the Commonwealth in 1972 was one of the first examples of too-big-to-fail policy in banking. The FDIC used the essentiality doctrine to justify a bailout of a large and troubled bank that was essential to the community. The article describes the bailouts of other banks in the 1970s and early 1980s, such as Continental Illinois and Seafirst, and their lessons for today.
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