Shull, Bernard - Levy Economics Institute - 2010
2007–09 highlighted a "too big to fail" problem that has existed for decades. As in the past, effects on competition and … understanding of why too-big-to-fail policies have persisted will provide a stronger basis for developing effective reforms. After a … resource." Each of these motives indicates a different type of reform necessary to contain too-big-to-fail policies. They are …