Why Too Big to Fail?

How the Regulatory System Failed the American People.

Nonfiction, Reference & Language, Reference, Education & Teaching, Business & Finance
Cover of the book Why Too Big to Fail? by Kaye Bonnick, AuthorHouse
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Author: Kaye Bonnick ISBN: 9781449054373
Publisher: AuthorHouse Publication: January 22, 2010
Imprint: AuthorHouse Language: English
Author: Kaye Bonnick
ISBN: 9781449054373
Publisher: AuthorHouse
Publication: January 22, 2010
Imprint: AuthorHouse
Language: English

By November 2009, 120 banks had failed since the start of the year, unemployment was at 10.2%, a twenty six year high, and the government had invested billions of tax dollars in failing financial institutions that were deemed Too Big to Fail. WHY? What made them too big to fail and why did the government bail them out? Was this a necessary evil or just plain evil? This book takes an important look back at the amazing legislative and financial events that created these monstrosities and lead to the financial crisis of 2008/09.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

By November 2009, 120 banks had failed since the start of the year, unemployment was at 10.2%, a twenty six year high, and the government had invested billions of tax dollars in failing financial institutions that were deemed Too Big to Fail. WHY? What made them too big to fail and why did the government bail them out? Was this a necessary evil or just plain evil? This book takes an important look back at the amazing legislative and financial events that created these monstrosities and lead to the financial crisis of 2008/09.

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