>> they indirectly holding them through some sort of pension -> managed fund -> ??? style chain where they are exposed to the madness without realising it. Thi

>> they indirectly holding them through some sort of pension -> managed fund -> ??? style chain where they are exposed to the madness without realising it. This is the main reason why big companies are never allowed to fail. Why banks and all the traditional giant establishments continue to live. It's also why publicly listed companies that have been dividend paying for some time would rather layoff employees when growth prospects are scarce than to rather maintain them on payroll. So if your company's stock is ever owned by government/pension funds, you'll have a pretty good argument for getting bailed out until you find your next trick.