Description - The Myth of Too Big To Fail by I. Moosa
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.
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(216mm x 140mm x mm)
Publisher: Palgrave Macmillan
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Author Biography - I. Moosa
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.