Wednesday, July 16, 2008

should they still be to big to fail

I'm sure you have seen the news about big financial services companies like Fannie May and Freddy Mac being bold out by the government.

our about JP Morgan buying out Bear Stearns.

on of the common reason giving for helping (or buying) out these business is the fact that they are two big to fail.

and the truth is if they did fall they would have had a big effect on the economy.

but is this a sign that we should look at these companies and ask our selves should we allow a few companies have this much effect on our economy. should we break up these financial institutions to make sure no one is so large that if they fail they have the chance of taking down our whole economy with them.

maybe it would be a good ideal to make sure a financial company can only have so much of the american market.

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