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To: central_va

I agree. The fallout will be messy, but that is life.

Thing is they are connected. You don’t get to be that big without buying protection from the government. They don’t want to fail (who does?) and will use the state to prevent that.

Kind of like GM.


49 posted on 08/17/2012 10:32:06 AM PDT by redgolum ("God is dead" -- Nietzsche. "Nietzsche is dead" -- God.)
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To: redgolum

I tie it back to the original Chrysler bailout in 1977, it set the precedent and expectation that the government would bail out any company that was “too big to fail”, now the government was concerned about which companies win and lose in the marketplace.


50 posted on 08/17/2012 10:34:53 AM PDT by dfwgator
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