Yep AIG is considered too big to fail.
You put that at the very end, but that point really caught my eye. Maybe too many companies are too big to fail because of the economic devastation if they do fail. Merrill Lynch, Lehman Brothers, Goldman Sachs, etc. are very big companies. And there are huge companies not related to the stock market/mortgage meltdown problems. Suppose Exxon hit hard times. Is Exxon too big to fail? As much as the Dems. hate oil companies, would they let Exxon fail if it got in trouble in the future?
Well I’m proposing that perhaps these companies are trust-busted TR style if America’s economy becomes too dependent on their survival.
It seems to me that perhaps it is anti-free market if a company is allowed to get so big that it can destroy the free market if it fails.