On the recordMarch 16, 2011
The financial markets believe more than ever that the United States Government will step in and save the too-big-to-fail institutions should there be another financial shock.
Source
congress.govRichard Shelby: “The financial markets believe more than ever that the United States Government will step in and save the too-big-to-fail…”
Editor's note · Context
Shelby emphasizes market confidence in government bailouts for large banks during financial crises.
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