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To Big To Fail vs. Moral Hazard

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WillyT Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-17-08 11:37 AM
Original message
To Big To Fail vs. Moral Hazard
Isn't the solution, to break up these companies so that nobody is too big too fail???

And how is this the same, or different, than the anti-trust laws, the breaking up of AT&T, etc?

:shrug:
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sinkingfeeling Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-17-08 11:43 AM
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1. But, but, then they couldn't compete in the 'global market'. Isn't that the line?
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Oregone Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-17-08 11:47 AM
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2. We shouldn't force them to break up.
Give them the option...Either break up or be instantly nationalized (while they are still profitable).

You might be surprised how willing big business becomes.
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WillyT Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-17-08 11:48 AM
Response to Reply #2
3. LOL !!! - I LIKE That Idea !!!
:evilgrin:

:hi:
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