Working Paper No. 601 June 04, 2010

Too Big to Fail in Financial Crisis

Motives, Countermeasures, and Prospects

by Bernard Shull

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Bard College
Annandale-on-Hudson, NY 12504-5000
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The Levy Economics Institute of Bard College, founded in 1986 through the generous support of Bard College trustee Leon Levy, is a nonprofit, nonpartisan, public policy research organization. The Levy Institute is independent of any political or other affiliation, and encourages diversity of opinion in the examination of economic policy issues while striving to transform ideological arguments into informed debate.