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Politics : Formerly About Advanced Micro Devices
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To: tejek who wrote (562375)4/25/2010 3:05:44 PM
From: SilentZ  Read Replies (1) of 1574352
 
>If the economy is booming, then its not too big to fail. If the economy is cratering, then its too big to fail. ;-)

Not true. GM folding at its current size would be a disaster in any economy.

>On the other hand, F, GM and Chrysler are an important part of our manu. base with plants in numerous locations throughout mainly the Midwest. There are acres and acres of plants. There are numerous suppliers with their own plants that are mostly dependent on the continuing success of those companies. Their combined loss would be catastrophic to the economy even in good times........and would set us back dramatically as an industrial nation.

All correct.

>Frankly, I believe people who say there is no company too big to fail don't know what they are talking about.

Except, in theory, we could make that the case.

-Z
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