Large bank ‘living wills’ still have ‘shortcomings’

Executive Summary

“Too big to fail” was one of the catchiest phrases to come out of the 2008 crisis. Governments used taxpayer money to rescue banks and other institutions that were so large and intertwined with the rest of the financial system that their collapse could threaten the entire economy. The bailouts, however, have left few people happy.

Looks like you do not have access to this content.

Please login or find out how to gain access.

DOI: 10.1177/2374556815579663