[PDF.83xw] Too Big to Fail: Policies and Practices in Government Bailouts

Too Big to Fail: Policies and Practices in Government Bailouts

[PDF.dd89] Too Big to Fail: Policies and Practices in Government Bailouts

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#3189815 in eBooks 2003-12-30 2003-09-30File Name: B000SBK56K"This timely volume should interest academic and professional audiences. Recommended. Upper-division undergraduate and up."-Choice?This timely volume should interest academic and professional audiences. Recommended. Upper-division undergraduate and up.?-ChoiceAbout the AuthorBENTON E. GUP holds theUsually associated with large bank failures, the phrase too big to fail, which is a particular form of government bailout, actually applies to a wide range of industries, as this volume makes clear. Examples range from Chrysler to Lockheed Aircraft and from New York City to Penn Central Railroad. Generally speaking, when a corporation, an organization, or an industry sector is considered by the government to be too important to the overall health of the economy, it will not be allowed to fail. G...

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