TBTF
n.— «We’re talking about a pair of institutions that hold or guarantee more than half of the nation’s mortgages. In other words, they’re TBTF (too big to fail) and it’s a sure bet that we won’t let them go under. Treasury Secretary Henry Paulson apparently asserted today that the government is not planning an imminent bailout, by which he means that the government is busy planning an imminent bailout.» —“Bernstein: What Fannie and Freddie Are Telling Us” by Jared Bernstein CNBC July 11, 2008. (source: Double-Tongued Dictionary)
Further reading
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