In the wake of the failure of __________ in 1984, the FDIC announced the "too big to fail" policy.

Name: In the wake of the failure of __________ in 1984, the FDIC announced the "too big to fail" policy.
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The failure of Continental Illinois Bank in 1984 led to the FDIC announcing the "too big to fail" policy. Continental Illinois Bank was one of the largest banks in the United States at the time and its failure was deemed to have potentially disastrous consequences for the broader economy.

In the Wake of the Failure of __________ in 1984