Archive for July 26th, 2011

Dodd-Frank: One Year Later, the Bailout Dilemma Remains »

Ever since the bailout of Continental Illinois Bank in 1984, bank bailouts have been an unpopular device invoked to protect the financial system from risks posed by troubled banks deemed “too big to fail.” Many taxpayers believe that bank bailouts are an abuse of taxpayer funds, especially when bank managers are allowed to keep…
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