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Too Big to Fail or Too Big a Subsidy?

February 20, 2013
by Caroline Miller
"The Bankers' New Clothes", Anat Admati, Darren Gersh, NBR News, Simon Johnson
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mythical giant
In a recent interview, a high ranking official in the Justice Department conceded that “some financial institutions are too large and too complex to be held accountable before the law.” (Reprint of Simon Johnson article, Bloomberg.com in, The Week, 2/15/13 pg. 34) The source claim
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