In the Aftermath of the 2008 Financial Crisis, the 2010 Dodd-Frank Act specified policies regarding “Too Big To Fail Banks.”
a. Explain what is a “Too Big To Fail Bank.” Provide examples.
b. What are the concerns of the rise of these types of financial institutions? Give specific examples.
c. What are the criticisms of policies designed to regulate “Too Big To Fail Banks.” What is your recommendation: more or less government regulation?