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Too safe to fail: Requiring big banks to build cash reserves can prevent future failures

Hurley, Cornelius K. et al.
Scholarly Commons at Boston University School of Law · Papers
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banking-and-finance-law
The finance ministers of the Group of 20, meeting in Paris last weekend, signaled their intention to address the issue of too-big-to-fail (TBTF) financial firms at their next meeting. The Paris communique calls for “higher loss absorbency measures” and “levies” on systemically important financial in
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