The phrase _ states that large banks facing insolvency must be bailed out to save the financial system.
A)"one bank one country"
B)"too big to fail"
C)"fear is in the eye of the beholder"
D)"laissez-faire" bank markets

Question

Quizplus · Accepted Answer

The phrase "too big to fail" refers to the concept that certain banks or financial institutions are so large and interconnected that their failure would have a catastrophic impact on the entire financial system. As a result, policymakers may feel compelled to bail them out in order to prevent a larger crisis.

The Phrase _ States That Large Banks Facing Insolvency Must