19-45 The "too big to fail" policy doctrine prevalent through the 1980s and most of the 1990s is remised on the separation of small depositors who would receive deposit insurance and large depositors who would not receive the benefits of deposit insurance.

Question

Quizplus · Accepted Answer

The "too big to fail" policy doctrine prevalent through the 1980s and most of the 1990s is based on the idea that some banks are so large and interconnected that their failure would have disastrous consequences for the wider economy. It did not involve the separation of small and large depositors regarding deposit insurance.

19-45 the "Too Big to Fail" Policy Doctrine Prevalent Through