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From: cepr

The Value of the “Too Big to Fail” Big Bank Subsidy

 
 
 
 
 
 
 
 
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    09 / 30 / 2009

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One outcome of the TARP and other bank rescue efforts following the collapse of Lehman Brothers in September of 2008 is that the United States has essentially formalized a commitment to a “too big ...

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