Too Big to Fail, Too Big to Bail Out: Roubini
July 7th, 2010 by jwolinsky
European governments face the quandary of being unable to afford to bail out banks that are still considered too big to fail, while the global economy is heading for a slowdown in the second half of the year, economist Nouriel Roubini of Roubini Global Economics recently stated that European governments are in big trouble. On [...]
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