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Too Big to Fail: Policies and Practices in Government Bailouts

Benton E. Gup




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 | #3162509 in eBooks |  2003-12-30 |  2003-09-30 | File type: PDF

|| |"This timely volume should interest academic and professional audiences. Recommended. Upper-division undergraduate and up."-Choice

?This timely volume should interest academic and professional audiences. Recommended. Upper-division undergraduate and

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 wi...

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