Authors:

  • Mark Roe

Excerpt

Measuring the Costs of “Too Big To Fail.” Mark Roe, June 26, 2013, Opinion. "The idea that some banks are “too big to fail” has emerged from the obscurity of regulatory and academic debate into the broader public discourse on finance. Bloomberg News started the most recent public discussion, criticizing the benefit that such banks receive – a benefit that a study released by the International Monetary Fund has shown to be quite large. Bankers’ lobbyists and representatives dismissed the Bloomberg editorial for citing a single study, and for relying on rating..." Link