1. This article is a preview of a book by the same title that will be published by Palgrave in November 2010. All of the issues discussed in this article are elaborated on extensively in the book.
2. Interpretation of TBTF is not only about whether a firm is so big that it cannot fail or that it cannot be allowed to fail. It is also about the meaning of ‘too big’ and ‘to fail’.
3. Gelinas, N. (2009) Too big to die must fail. City Journal 19 (3) http://www.cityjournal.org/2009/19_3_financial-institutions.html .
4. Dowd, K. (1999) Too Big to Fail? Long-Term Capital Management and the Federal Reserve. Cato Institute Briefing Papers, No 52, September.
5. One must not forget that Jamie Dimon, JP Morgan's CEO, sits on the board of directors of the Federal Reserve Bank of New York, which, along with the Treasury Department, brokered the deal.