Monday, December 5, 2011

Should the companies have been hit with antitrust legislation instead of bailed?

Definition: Anti-trust legislation is legislation designed to break up existing monopolies and prevent the formation of new monopolies to increase competition and societal welfare.|||At that point it was probably too late in the short term. But yes, any company that is too big to fail should be looked at from an anti-trust standpoint.|||Do you think Congress would shoot its own Golden Geese?


[and now even more Golden, with the Federal cash pipelines]


.


.|||Yes. If they are "too big to fail," then they are too big.

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