Thought Of The Day: Too Big To Fail?

by John Hawkins | November 25, 2008 8:24 am

The words “too big to fail” are often bandied about these days as an excuse to use billions more of our tax dollars to bail out yet another company. It seems to me that if a company is “too big to fail,” then perhaps it should be treated as a monopoly and broken up into smaller companies, none of which are “too big to fail.”

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