The Myth of Too Big to Fail - (Palgrave MacMillan Studies in Banking and Financial Institutions) by I Moosa (Hardcover)
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<p/><br></br><p><b> Book Synopsis </b></p></br></br>The book presents arguments against the taxpayers'-funded bailing out of failed financial institutions, and puts forward suggestions to circumvent the TBTF problem, including some preventive measures. It ultimately argues that a failing financial institution should be allowed to fail without fearing an apocalyptic outcome.<p/><br></br><p><b> About the Author </b></p></br></br>IMAD MOOSA is Professor of Finance at Monash University, Australia. Prior to becoming an academic, he was a professional economist and a financial journalist. Professor Moosa has published ten books and over 160 papers in international journals. He has served in a number of advisory positions, including as an economic advisor to the U.S. Treasury.
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