The "Too Big To Fail" subsidy is a myth, according to Goldman research which shows the banking...
The "Too Big To Fail" subsidy is a myth, according to Goldman research which shows the banking industry (XLF) is about the only one in the U.S. where the larger firms pay higher funding costs than the smaller ones. It may be so now, but the TBTFs had a large funding advantage amid the financial crisis and have paid an average of 31 basis points less than their smaller brethren over the last decade.
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