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Noting that the U.S. government "has a long track record of supporting its large and systemically important financial institutions despite its stated preference for not doing so," the report concludes that in situations where the failure of a financial institution would lead to a catastrophic loss of investor confidence, "banks may need extraordinary government support after all".
Similar(59)
Of course, this research is still quite odd for traditional psychology and may need some extraordinary evidences.
Extraordinary practices, particularly those with risks attached, need extraordinary evidence.
With such high price-to-earnings and price-to-sales ratios, some second-tier companies may need years of extraordinary growth to justify their current valuations.
(Temple's trademark elliptical dialogue is extraordinary, though you may need to read exchanges more than once to work out what's going on).
I know they may have some extraordinary insights or some secrets they may need to share.
In these extraordinary times, I do not rule out the possibility that at some point we may need to borrow from Treasury to meet short-term liquidity needs.
He may need it.
You may need them.
He may need watching.
You may need it.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com