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Why Too Big To Fail?

Why Too Big To Fail?

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Published by AuthorHouseBooks
By November 2009, 120 banks had failed since the start of the year, unemployment was at 10.2%, a twenty six year high, and the government had invested billions of tax dollars in failing financial institutions that were deemed “Too Big to Fail”. WHY? What made them too big to fail and why did the government bail them out? Was this a necessary evil or just plain evil? This book takes an important look back at the amazing legislative and financial events that created these “monstrosities” and lead to the financial crisis of 2008/09.
By November 2009, 120 banks had failed since the start of the year, unemployment was at 10.2%, a twenty six year high, and the government had invested billions of tax dollars in failing financial institutions that were deemed “Too Big to Fail”. WHY? What made them too big to fail and why did the government bail them out? Was this a necessary evil or just plain evil? This book takes an important look back at the amazing legislative and financial events that created these “monstrosities” and lead to the financial crisis of 2008/09.

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Published by: AuthorHouseBooks on May 05, 2010
Copyright:Traditional Copyright: All rights reservedISBN:9781449054373
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10/01/2014

140

9781449054373

$9.99

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