Tag index

#Too-Big-to-Fail

Events indexed under #Too-Big-to-Fail — 8 entries in the record.

8 events From Sep 30, 1998 To Mar 19, 2023 Open in filter view →

Activity over time Events per year

Date	Event	Lanes	Status
2023-03-19	Swiss Government Forces Emergency UBS Acquisition of Credit Suisse After Regulatory Failure, Ending 167 Years of Swiss Banking History Credit Suisse · UBS · FINMA · Swiss Federal Council · +4		confirmed
2013-01-29	DOJ Criminal Division Chief Lanny Breuer Resigns After PBS Frontline Documentary 'The Untouchables' Exposes 'Too Big to Jail' Policy Resulting in Zero Major Bank Executive Prosecutions Compared to 900+ Convictions in 1980s S&L Crisis Lanny Breuer · Eric Holder · Department of Justice · Covington & Burling · +3		confirmed
2009-01-20	Obama Admin Prosecutes Zero Wall Street Executives Despite Crisis Fraud Eric Holder · Department of Justice · Wall Street Banks · Lanny Breuer · +1		confirmed
2008-10-03	Emergency Economic Stabilization Act Creates $700 Billion Troubled Asset Relief Program (TARP) to Bail Out Wall Street Banks with Minimal Oversight or Executive Accountability Requirements, Leading to Just One Criminal Prosecution Compared to 900+ in 1980s Savings & Loan Crisis Henry Paulson · George W. Bush · Ben Bernanke · Nancy Pelosi · +6		confirmed
2008-09-16	Federal Reserve Provides $85 Billion Emergency Loan to AIG, Eventually Growing to $182 Billion in Total Taxpayer Commitments to Bail Out Insurance Giant That Gambled on Credit Default Swaps, Followed by $165 Million in Executive Bonuses Paid to Employees Who Caused the Crisis American International Group · Federal Reserve · Ben Bernanke · Timothy Geithner · +3		confirmed
2008-09-15	Lehman Brothers Files Largest Bankruptcy in U.S. History with $639 Billion in Assets After Government Refuses Bailout, Creating Arbitrary 'Too Big to Fail' Enforcement Where Bear Stearns and AIG Were Rescued But Lehman Was Allowed to Collapse, Triggering Global Financial Panic Lehman Brothers · Richard Fuld · Henry Paulson · Ben Bernanke · +3		confirmed
2008-03-16	Bear Stearns Collapse and Federal Reserve-Facilitated Fire Sale to JPMorgan with $29 Billion Taxpayer Guarantee Establishes 'Too Big to Fail' Precedent with Zero Criminal Prosecutions Despite Fraud-Driven Collapse Bear Stearns · JPMorgan Chase · Federal Reserve Bank of New York · Ben Bernanke · +3		confirmed
1998-09-30	NationsBank-BankAmerica $62 Billion Merger Creates First Coast-to-Coast National Bank NationsBank · BankAmerica · Federal Reserve · Department of Justice · +1		confirmed