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That would be even better. And if the units are small enough, it'll work. "Bailout then breakup" is a proposed mechanism for making those units small enough.
by 1010011010 15y ago
That would be even better. And if the units are small enough, it'll work. "Bailout then breakup" is a proposed mechanism for making those units small enough.
- dantheman 15y agoThere was no reason to bailout AIG, it merely was a way to pump cash into these banks. They should have been forced into bankruptcy and their assets sold of to more responsible banks.