TOO BIG TO FAIL
Tags: BANKING industry -- United States; INTERNATIONAL economic assistance; INVESTMENT banking; SECURITIES industry; UNITED States -- Economic conditions -- 2001-2009
Related Articles
- LETTERS TO THE EDITOR. Boggiatto, Gene; Karmel, Solomon M.; Drobot, Frank; Mulvanny, Patrick; Garc�a, Jos�, A. // Atlantic Monthly (10727825);Mar2009, Vol. 303 Issue 2, p14
Several letters to the editor are presented including discussion on the articles "The Bitter Beginning" from the November 2008 issue, "Why Wall Street Always Blows It" from the December 2008 issue, and "Be Nice to the Countries That Lend You Money," from the December issue. Responses by the...
- Recession's financial issues confusing to consumers. Wimmer, Leslie // Fort Worth Business Press;5/25/2009, Vol. 24 Issue 17, p24
The article reveals that there is confusion among the American public on financial issues behind the recession, according to Stanley Block, a finance professor at Texas Christian University's Neeley School of Business. The difference between an investment bank and a traditional bank is one of...
- Wall St. and banks to be more tightly supervised. Hoxter, Curtis J. // Caribbean Business;12/24/2009, Vol. 37 Issue 51, p10
The article reports on the move of the lower chamber of the U.S. Congress to approve a plan that will tighten the Federal Regulation of Wall Street and banks in the U.S. It states that the plan is said to be the solution of the Congress about the financial crisis which affected the American...
- Too Big to Bail: The "Paulson Put," Presidential Politics, and the Global Financial Meltdown: Part I: From Shadow Financial System to Shadow Bailout. FERGUSON, THOMAS; JOHNSON, ROBERT // International Journal of Political Economy;Spring2009, Vol. 38 Issue 1, p3
This paper analyzes how a world financial meltdown developed out of U.S. subprime mortgage markets. It outlines how deregulatory initiatives allowed Wall Street to build an entire line of new, risky financial products out of raw materials the mortgage markets supplied. We show how further...
- The Least-Bad OPTION. SPRUIELL, STEPHEN; WILLIAMSON, KEVIN D. // National Review;4/20/2009, Vol. 61 Issue 7, p36
The article discusses the options for economic conservatives in light of the changing U.S. economic system in 2009. The reality that many companies have been designated by the government as too significant to be allowed to fail is mentioned, noting that the possibility of government bailouts has...
- Insurers' investments take a hit as financial crisis worsens. Hofmann, Mark A. // Business Insurance;12/15/2008, Vol. 42 Issue 50, p14
The article reports that various insurers in the U.S. have engaged into activities that would qualify them for a bailout. Hartford Financial Services Group Inc. bought a Florida savings bank to qualify for up to $3.4 billion in federal bailout funds. A dozen major U.S. commercial...
- Hopes for recovery have just developed a slow leak. Kominicki, John // Long Island Business News (7/1993 to 5/2009);4/24/2009, Vol. 56 Issue 20, p3A
The author focuses on the economic crisis in the U.S. He mentions that consumers and wholesale prices have dropped and consumers were worried about their jobs, homes and ability to borrow money if they need it. He states that deflation is shaking that central banks such as Federal Reserve try to...
- Markets readjust themselves for a reason. Sowell, Thomas // Enterprise/Salt Lake City;2/4/2008, Vol. 37 Issue 32, p19
The author contends that the short-term plan of both the Republican Party and Democratic Party to urge the federal government to create an economic stimulus package to cushion the effect of a recession during an election year in the U.S. would result to long-term repercussion. He refutes the...
- Bailing Out Auto. Gupta, Praveen // Quality;Jan2009, Vol. 48 Issue 1, p32
The author reflects on the government financial assistance to troubling automakers in the U.S. in 2008. He argues that three automakers have already wasted about $500 billion bailout aiming a recovery. He suggests that the union and corporate leadership should team up to retool the three...
