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Evaluate the ethical challenge of Too Big to Fail, which claims that large financial institutions and/or corporations should remain operational because their collapse would incite
- Evaluate the ethical challenge of "Too Big to Fail," which claims that large financial institutions and/or corporations should remain operational because their collapse would incite a financial crisis with disastrous consequences for the rest of the economy. Argue for or against the claim that a large financial institution or corporation should remain operational even if it has a serious financial problem.
- If you agree with the claim, support your rationale with evidence utilizing the basic tools of economics, financially based models, and contemporary financial and economic data.
- If you disagree with the claim, propose an alternative solution to how the United States government and Federal Reserve reacted to the financial crisis.
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