Author Archives: Steven Schwarcz

Thoughts on The Minneapolis Plan to end TBTF

By | December 6, 2016

The Minneapolis Plan’s focus on the too-big-to-fail (TBTF) problem appears to conflate, or at least ignore, cause and effect. The TBTF problem is widely viewed as comprising two evils: that systemically important banks might engage in excessive risk-taking because they would profit by a success and expect to be bailed out by the government to… Read More »