aceventura3

I would argue companies are not too big to fail and that failure is healthy for the economy.

Of the original Dow companies (12 in 1896) only one is still in business as originally chartered, General Electric. The Dow in 1979 compared to today, there are 5 companies out of 30 still in the Dow as originally chartered, Merck, 3M, GM, GE and IBM. Weak companies can get acquired, can go out of business, or can get smaller based on pure economic parameters without interference from the folks in Washington. It has happened in the past in a healthy manner and can happen now in a healthy manner.

I think our current problem with letting companies fail has more to do with "special interests" in Washington more than it has to do with the health of our economy.

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