On the recordFebruary 3, 2010
The 'too big to fail' is a form of implicit subsidy from the taxpayer, which lowers the cost of funding for these derivative transactions.
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congress.govThe 'too big to fail' is a form of implicit subsidy from the taxpayer, which lowers the cost of funding for these derivative transactions.
Discussing the unfair advantage of large banks due to taxpayer support.
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