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


To: i-node who wrote (692071)1/10/2013 1:34:49 PM
From: Tenchusatsu1 Recommendation  Read Replies (1) | Respond to of 1577993
 
Inode, I don't know for sure whether AIG needs to be broken up or not. Certainly the capital requirements for an AIG are substantial, and even if AIG gets broken up, the pieces will likely consolidate over time. Look at AT&T.

What I don't like, of course, is the concept of "too big to fail." If you need to create a soft landing for a collapse, go ahead, but afterwards, failure HAS to take place or else more and more companies will just take stupid risks and bank on the hope that government will just bail them out.

Tenchusatsu