{"product_id":"2940013828698","title":"Too Big to Fail or Too Big to Save?: Examining the Systemic Threats of Large Financial Institutions","description":"This hearing is timely because Congress expects soon to take up legislation being prepared by the administration to address the Federal Government's inability to wind down nonbank financial institutions in an orderly way. The current financial crisis has made clear that we need additional tools to handle financial institutions that are too big to fail. The disorderly failure of large financial institutions can pose a significant threat to the stability of the financial system both in the United States and globally. \u003cbr\u003e\u003cbr\u003eThe panic after Lehman Brothers declared bankruptcy last September and the unprecedented drop in jobs during the months since then is evidence enough that under our present regulatory structure, allowing large financial firms to fail can seriously damage our economy. Another failure could have created even worse economic consequences with even deeper effects on employment, incomes and growth.","brand":"United States Congress","offers":[{"title":"Default Title","offer_id":47170482372848,"sku":"2940013828698","price":9.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0737\/7593\/9824\/files\/2940013828698_p0.jpg?v=1763595236","url":"https:\/\/shop-qa.barnesandnoble.com\/products\/2940013828698","provider":"Barnes \u0026 Noble (DEV)","version":"1.0","type":"link"}