Market Reforms ‘Reduced, But Not Eliminated’ Too Big To Fail: GAO

HFA Padded
Published on
Updated on
GAO estimate funding costs too big to fail

The US Government Accountability Office (GAO) has released the long-awaited findings on the impact that Dodd-Frank and other market reforms have had on too big to fail, and specifically whether large banks benefit from a real or perceived government guarantee with lower funding costs than their smaller competitors. “We found that while views varied among market participants with whom we spoke, many believed that recent regulatory reforms have reduced but not eliminated the likelihood the federal government would prevent the failure of one of the largest bank holding companies,” said Lawrance L. Evans, Jr., PhD, Director Financial Markets and Community…

This content is exclusively for paying members of Hedge Fund Alpha

Log In

Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with Hedge Fund Alpha

Don’t have an account?

Subscribe now and get 7 days free!