Too Big To Fail

Too Big To Fail

Policies And Practices In Government Bailouts

eBook - 2004
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Usually associated with large bank failures, the phrase too big to fail, which is a particular form of government bailout, actually applies to a wide range of industries, as this volume makes clear. Examples range from Chrysler to Lockheed Aircraft and from New York City to Penn Central Railroad. Generally speaking, when a corporation, an organization, or an industry sector is considered by the government to be too important to the overall health of the economy, it will not be allowed to fail. Government bailouts are not new, nor are they limited to the United States. This book presents the views of academics, practitioners, and regulators from around the world (e.g., Australia, Hungary, Japan, Europe, and Latin America) on the implications and consequences of government bailouts.

Publisher: Westport, Conn. : Praeger, 2004.
ISBN: 9780313017421
0313017425
Characteristics: x, 359 p. ; 24 cm.

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