Commentary: Getting it right the next time on "too big to fail"

Authors

Cornelius K. Hurley, Boston University School of LawFollow

Document Type

Editorial

Publication Date

2008

Abstract

The Great Bailout of ‘08 is a stop-gap measure specifically designed to avoid an economic calamity. But going forward, we must define explicitly what “too big to fail” means and designate ahead of time the specific firms that meet that definition.

Recommended Citation

Cornelius K. Hurley, Commentary: Getting it right the next time on "too big to fail" , in Reuters.com (2008).
Available at: https://scholarship.law.bu.edu/shorter_works/157

Publisher URL

https://www.reuters.com/article/reutersComService4/idUSTRE48S7XQ20080929