Some things are very clear from here
"Any bank which is 'too big to fail' is too big to allow a free market to function."
Interesting to read. I was at Heritage today and the same thing was discussed. Nothing should be too big to fail and when it is, then we need to let the buyer, the employee, the stockholder and the public beware. Free markets should always allow an unprofitable business to fail, no matter what the size. Too bad this seems to be ancient history.
Other readers be sure and check out Jane's blog for report about her Heritage visit.
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