What's it worth to be too big to fail? At least $14B. That's the total premium two Philly Fed...

|By:, SA News Editor

What's it worth to be too big to fail? At least $14B. That's the total premium two Philly Fed researchers figure banks paid in acquisitions from 1991-2004 in order to reach a threshold where they not only have significant market power, but also a de facto backstop from the public. (research paper, .pdf)