Fed’s Focus On ‘Too Big To Fail’ Won’t Save Taxpayers From Next Bank Bailout

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The stress tests highlight a significant shortcoming in how regulators hope to prevent the next wave of bank failures...

Fed’s focus on ‘too big to fail’ won’t save taxpayers from next bank bailout Oz Shy, Massachusetts Institute of Technology Last month, the Federal Reserve announced that 31 out of 33 U.S. banks had passed its latest “stress test,” designed to ensure that the largest financial institutions have enough capital to withstand a severe economic shock.…

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