'Too Big To Fail' Study Unlikely To Spur New Reforms

By Evan Weinberger (July 30, 2014, 7:49 PM EDT) -- A long-awaited government watchdog report expected to be released Thursday on the funding advantage the biggest banks enjoy from a public perception that they are "too big to fail" will renew the debate over efforts to reform Wall Street, but few observers expect it to push regulators off their current course.

The report from the Government Accountability Office is expected to show that while the biggest banks in the U.S. are able to issue debt at lower rates than their smaller rivals, in part due to a perception that they would be bailed out in a crisis, that so-called subsidy has...

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