During the 2007-2009 financial crisis, some of the very largest financial institutions were deemed as being "too big to fail" because their failure would cause cascading negative repercussions throughout the U.S. and many foreign economies. As a result, the Federal Reserve

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During the financial crisis, the Federal Reserve worked with the U.S. Treasury to facilitate the merging of financially weak institutions with institutions that were financially stronger. This was done in an effort to prevent the failure of large financial institutions that were deemed "too big to fail" and to avoid the negative repercussions that would result from their failure. The Federal Reserve did not move to reduce liquidity in the monetary system, increase its target federal funds rate, increase reserve requirements or sell bond through open market operations.

During the 2007-2009 Financial Crisis, Some of the Very Largest