Re-visiting anti-trust legislation: "too big to fail"Remember: you heard it here first!
...Given the underpinnings of the current mess - with so many financial institutions deemed "too big to fail" - perhaps it's time to revisit anti-trust laws with an eye more toward practices "deemed to hurt" consumers. Among these I would today count practices that encourage entities to become "too big to fail".
Wednesday, May 13, 2009
You heard it here first!
From HuffPost, 12 May 2009: