Too big to fail policies and practices in government bailouts
Title:
Too big to fail policies and practices in government bailouts
Author:
Gup, Benton E.
ISBN:
9780313017421
Publication Information:
Westport, Conn. : Praeger, 2004.
Physical Description:
1 online resource (x, 359 p.)
Contents:
Some historical perspectives on "too big to fail" policies / What does too big to fail mean? / Too big to fail, government bailouts, and managerial incentives : the case of the Reconstruction Finance Corporation assistance to the railroad industry during the Great Depression / Does financial liberalization increase the likelihood of a systemic banking crisis? : evidence from the past three decades and the Great Depression / Federal Home Loan Bank System and the Farm Credit System : historical parallels and implications for systemic risk / Too big to fail in the banking industry : a survey / Too big to fail in U.S. banking : quo vadis? / Fall and rise of banking safety net subsidies / Too big to fail : the Australian perspective / Too big to fail : a taxonomic analysis / Avoiding a permanent banking crisis : the Hungarian banking sector in the 1990s / Banking in Japan : will too big to fail prevail? / Are Fannie Mae and Freddie Mac too big to fail? ; Enron : not too big to fail
Abstract:
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 new, nor are they limited to the United States. This book presents the vi.
Genre:
Added Author:
Added Corporate Author:
Electronic Access:
EBSCOhost http://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=99254