Etymology

NY Fed rules that Lockheed was the first corporation described as ‘too big to fail’

October 5, 2012
October 5, 2012

A link from Liberty Street Economics

“Although this phrase has become ubiquitous since 2007, it has been used to describe banks only since the mid-1980s. Actually, the phrase appeared even earlier, in the mid-1970s, in discussions of Lockheed Corporation.”

Top News

Powered by WordPress.com VIP
Follow

Get every new post delivered to your Inbox.

Join 23,779 other followers