You could go as far as to say the problem is not so much Too Big to Fail, though that produces its own problems, as Too Interconnected to Fail. This seems to b

You could go as far as to say the problem is not so much Too Big to Fail, though that produces its own problems, as Too Interconnected to Fail. This seems to be poorly understood and critically important. Too big, too connected, and too many people making the same bet at the same time with too much leverage. This will happen again unless something is done. And they went and made it worse...