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This is not a good approach. There are companies with extremely high number of employeees, but no real systemic risk, etc., especially in manufacturing (see Fox

This is not a good approach. There are companies with extremely high number of employeees, but no real systemic risk, etc., especially in manufacturing (see Foxconn) and among large conglomerates (Siemens). Correlatedness (and leverageÖ must be dealt with, not merely company size.

moron4hire 13y ago
Not sure your examples are good ones. Foxconn isn't exactly known for maintaining good quality of life for its employees. I don't care if it's "good compared to the rest of China", it's not objectively good, and we continue to support dozens of corporations that do business with them. And Siemens was able to use their ever-expanding reach to be able to let the US government slip malicious code into unknown numbers of scientific equipment to jump the airgap into Iranian nuclear facilities. But that's just the stories we know.