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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: combjelly who wrote (450752)	1/25/2009 7:41:56 PM
From: tejek	Read Replies (1) \| Respond to of 1574261

Because they can actually be "too big to fail". That's what was said about Lehman and many are claiming their failure made things worse exponentially. It seems no one realized how far Lehman's tentacles reached in the global economy.

To: combjelly who wrote (450752)	1/26/2009 5:53:54 AM
From: Road Walker	Read Replies (1) \| Respond to of 1574261

"Problem is that there are too many lemons, not enough limes." --------------------------------------- Especially key limes. Jonesing for a pie right now... I have a key lime tree in the back yard... currently in budding mode so no limes but I do have frozen lime juice. As bentway has been whining, no company should be "too big to fail". We have tried this in the past, and the track record isn't good. I often wonder if we should have gone down the road of massive consolidation in a lot of industries. If we had a lot more smaller banks we probably wouldn't be looking at essentially shutting down the financial system with the failure of a handful of companies. I think when we come out of this, and we will, sooner or later, things will be fundamentally different than they are now. No doubt. This is a major seismic event and seismic events always change the landscape.