too big to fail

My bank regulation students received their final paper topic today. This is a big one. Let me preface this by saying that I have high regard for my students. They have excellent analytical and technical abilities and I think, generally speaking, they are able to bring these skills to bear on important problems. So I decided to give them a big one in bank regulation. I asked them to solve the problem of “Too Big to Fail” (TBTF).

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