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Too Big to Fail: Policies and Practices in Government Bailouts

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Too Big to Fail: Policies and Practices in Government Bailouts - Gup, Benton E
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Usually 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. Government bailouts are not ...

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Too Big to Fail: Policies and Practices in Government Bailouts 2003, Praeger, New York

ISBN-13: 9781567206210

Hardcover