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Clothing and Apparel Industry
C/E/308. Individual Financial Services: 'Too Big to Fail' Policy
- WORDS:
- 5500
- DATE:
- 2008
- PRICE:
- 59.99 GBP
The paper examines the policy of the banks to support companies that play an important role in the economy, known as a 'too big to fail' policy. Arguments in favour and against this type of intervention in the financial system are presented. The concepts of moral hazard associated with these policies are considered.
KEYWORDS: Banking industry,
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