Too Big to Fail is a Red Herring

TARP Revisited: Banks “Too Large to Fail”- A Red Herring by Elliott Morss, Morss Global Finance Introduction Remember the Troubled Asset Relief Program (TARP)? Initiated in 2008 to bail out the US financial system, it is still around. In this, my fifth review of the program, I note that most of the money lent out …