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too big to failThe concept that some financial institutions are so large that the federal government cannot allow them to fall into bankruptcy, or fail, because to do so would have a devastating effect on the nation [..]
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too big to failToo Big To Fail is a concept that some financial institutions are so large that the federal government cannot allow them to fall into bankruptcy, or fail, because to do so would have a devastating eff [..]
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too big to faila term used for mega financial institutions whose failure threatens the stability of the overall economy. These include the likes of AIG, Fannie and Freddie in the US, all of which were bailed out. Mervyn King, Governor of the Bank of England, was purported to say, “If it is too big to fail, then it is too big.”
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too big to fail
(finance,economics|politics) Deemed too important to the economy or polity to be allowed to “fail”, that is to be liquidated or to go bankrupt.
* '''1912''', , Fabian Tract No. 164, "Gold and State [..]
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