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Too big to fail (n.) is a government insurance policy for the very wealthy, paid by taxpayers, whose subsidy is roughly the banks' whole profit.
2 definitions
Too big to fail (n.) is a government insurance policy for the very wealthy, paid by taxpayers, whose subsidy is roughly the banks' whole profit.
Too big to fail (n.) is the nanny state the rich truly want; in a real capitalist economy, the gamblers who lost would simply be wiped out.