What Is Too Big To Fail

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According to Investopedia, the term “too big to fail” is referring to the failure a huge company will be causing a disaster or crisis to the entire economy. US Congressman Stewart Brett McKinney is the one who coining the phrase “too big to fail” in the 80’s and this ideology has strongly influenced to the public. In the article “If It’s Too Big to Fail, Is It Too Big to Exist?”, Dash discusses about the fear of policy maker or government on the financial crisis, the collapse of large companies, massive unemployment and possible risks to the economy. The top six U.S. Government Financial Bailouts because of the belief of “too big to fail” are the Great Depression, the savings and loan bailout of 1989, the collapse of Bear Stearns, American
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