Abstract
The article discusses the impacts of the 2008 financial crises in the U.S. It mentions that large banks have received significant competitive advantages because the economic market since the 2008 financial crises. The U.S. Government Accountability Office (GAO) issued a report which offers the benefits of large banks during financial crises. It also outlines the non-monetary semi-exemption receive by large banks which contributes its subsidies value.
Original language | American English |
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Pages (from-to) | 1089-1097 |
Number of pages | 9 |
Journal | Washington University Law Review |
Volume | 91 |
Issue number | 4 |
State | Published - 2014 |
Externally published | Yes |
Keywords
- Bank investments
- Banking industry finance
- Financial crises
- Grants in aid (Public finance)
- United States
- United States. Government Accountability Office