Too big to fail : the hazards of bank bailouts

The potential failure of a large bank presents vexing questions for policymakers. Failing banks are labeled 'too big to fail' (or TBTF). This book examines the issues surrounding TBTF, explaining why it is a problem and discussing ways of dealing with it

Bibliographic Details
Main Authors: Stern, Gary H. (Author), Feldman, Ron J. (Author)
Format: Book
Language:English
Published: Washington, D.C. : Brookings Institution Press , c2009
Subjects:
Table of Contents:
  • 1. Introduction : our message and methods
  • 2. What is the problem?
  • 3. Why protection is costly
  • 4. How pervasive is TBTF?
  • 5. Why protect TBTF creditors?
  • 6. The growth of TBTF protection
  • 7. Testing our thesis : the cases of not too big to fail
  • 8. Can the problem be addressed?
  • 9. Creating the necessary foundation
  • 10. Reducing policymakers? uncertainty
  • 11. Limiting creditor losses
  • 12. Restricting payment system spillovers
  • 13. Alternatives for managing too big to fail
  • 14. Summary : talking points on too big to fail