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Reply by Sawkerf

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Posted on No More bailouts, Let irresponsible buisnesses fail

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Sawkerf

1730 posts in 1821 days


#1 posted 05-20-2012 10:35 PM

I’m thinking that organizations that “are too big to fail” should be looked at as monopolies (or near monopolies) and either divest themselves of some of their holdings or show how they would survive a financial crisis without running to the government for a bailout.

Going forward, future mergers and aquisitions should be examined for their potential for needing a bailout. If the new entity would be “too big to fail”, it wouldn’t be allowed to exist.

-- Adversity doesn't build character...................it reveals it.


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