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Such banks, believing governments cannot afford the harm toeconomies of letting them go under, are tempted to take biggerrisks and unfairly benefit from cheaper funding as investorsknow taxpayers would always rescue them, policymakers have said.
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Such banks, believing governments cannot afford the harm toeconomies of letting them go under, are tempted to take biggerrisks and unfairly benefit from cheaper funding as investorsknow taxpayers would always rescue them, policymakers have said.
Author: Malcolm
Date: 5/28/2019