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Too big to fail is a real problem, but the assertion in the article is more than "a bit" disingenuous. It is _very_ disingenuous, because what they try to measu

Too big to fail is a real problem, but the assertion in the article is more than "a bit" disingenuous. It is _very_ disingenuous, because what they try to measure (money saved by the big banks with lower interest rates) isn't at all what the taxpayers pay - economy isn't a zero-sum game. There will certainly be a correlation in the long run, but that number they throw there has 0 credibility imho.

gadders 14y ago
It's not just banks that are too big to fail - so was General Motors. What would the solution be there?
- damoncali 14y ago
  GM was not too big to fail. GM was propped up because the administration wanted to for political reasons.
  - gadders 14y ago
    Is one better than the other?
    - damoncali 14y ago
      Sort of. I'd rather have politicians handing out indstury subsidies by choice than being held hostage by their own frankenstein monsters. But I hear ya.