I think it's the "too big to fail is too big to exist" theory he's talking about. If a financial company is backed by taxpayer dollars and everyone knows they w

I think it's the "too big to fail is too big to exist" theory he's talking about. If a financial company is backed by taxpayer dollars and everyone knows they won't be allowed to fail, as is certainly the case now for the consolidated powers, they can play Russian roulette but with the pistol against our temples. I'm not sure what percentages of control constitute a monopoly, but if you look at the definition of a trust, I'd say it wouldn't be outlandish to suggest that anti-trust enforcement wouldn't be out of hand. Even if you were so libertarian to be opposed to such things, rescue with breakup as opposed to rescue by free money and consolidation surely would have been preferable. The perhaps larger issue with the massively consolidated power in finance is regulatory capture.