The concept of too big to fail creates a problem for?
a. Bank manager
b. Regulators
c. Bank managers , consumers and regulators
d. Consumers
Too big to fail:
It characterizes a company or trade division considered to be so profoundly established in a monetary framework or economy that its collapse will be financially disastrous. The government would at that point consider safeguard out the company, or indeed an overall segment such as Wall Street banks or U.S. carmakers to dodge financial catastrophe.
This really implied that the state was safeguarding out huge banks and insurance firms since they were "too big to fail," indicating their collapse seems to cause the budgetary framework and economy to crash. They afterward came up against fresh enactment beneath the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act.
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