Skip navigation

The Basics of "Too Big to Fail"

Authors: White, Lawrence J.
Keywords: Too big to fail (TBTF); prudential regulation; capital;leverage; liquidity; runs
Issue Date: 5-Mar-2014
Abstract: This essay lays out the basics of the “too-big-to-fail” (TBTF) phenomenon: What it means; why it is a problem; the central role that TBTF financial institutions played in the financial crisis of 2008; and why better prudential regulation than was present prior to 2008 is needed for the future.
Rights: Copyright Lawrence J. White, March 2014.
Appears in Collections:Economics Working Papers

Files in This Item:
File Description SizeFormat 
White_TooBigtoFail_Mar2014.pdf105.85 kBAdobe PDFView/Open

Items in FDA are protected by copyright, with all rights reserved, unless otherwise indicated.