Moral Hazard1 Too big to fail, TBTF 1. Definition of lawToo big to fail (TBTF) is an economic term that means that if a large company or financial institution goes bankrupt, many of its stakeholders will suffer and the economy will be catastrophic, so the government must bail it out.2. OriginThis economic logic was first popularized in 1984 when the Continental Illinois Bank went bankrupt, causing the worst bank bankruptcy in U.S... 2023. 5. 19. 이전 1 다음
