Abstract
The article discusses the impacts of the 2008 financial crises in the U.S. It mentions that large banks have received significant competitive advantages because the economic market since the 2008 financial crises. The U.S. Government Accountability Office (GAO) issued a report which offers the benefits of large banks during financial crises. It also outlines the non-monetary semi-exemption receive by large banks which contributes its subsidies value.
| Original language | English |
|---|---|
| Pages (from-to) | 1089-1097 |
| Number of pages | 9 |
| Journal | Washington University Law Review |
| Volume | 91 |
| Issue number | 4 |
| State | Published - 2014 |
| Externally published | Yes |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 10 Reduced Inequalities -
SDG 16 Peace, Justice and Strong Institutions
Keywords
- United States
- United States. Government Accountability Office
- Banking industry finance
- Grants in aid (Public finance)
- Financial crises
- Bank investments
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