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TO) Why do you think most economist take the view that the failure to provide Lehman with a bailout vas an enormously costly mistake? (EMI)

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TO) Why do you think most economist take the view that the failure to provide Lehman with a bailout vas an enormously costly mistake? (EMI) Are Banis too big to fall likely to take more risk? According to Larry Wall, why? 6. What is the main idea behind Raghuram Rajan's argument of why the financial crisis occurred? Hint: Draw a picture

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