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International Monetary Fund: Big U.S. banks receive $15 billion to $70 billion in 'too big to fail' subsidies

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Big banks in the U.S. enjoy an implicit subsidy worth between $15 billion and $70 billion because of the perception that the government will not allow them to fail, according to the International Monetary Fund. The IMF, an international organization that promotes cooperation between countries, is the latest to weigh in on the question of whether U.S. banks remain "too big to fail" in the wake...

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