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View Diary: HEMMED In - Too Big To Fail? Too Small to Care About. (57 comments)

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  •  Exactly (4+ / 0-)
    Recommended by:
    JanF, glendaw271, JG in MD, NCrissieB

    They were too big to fail when the crisis started and then got bigger. It is like some surreal insurance policy where if the policy wonks pushed to protect the banks when they were big, then we have to protect them when they are gigantic. It is like we are rearranging the deck chairs on the Titanic except this time we are letting the captain sail faster, turning off the radio so we won't get reports of icebergs, and getting rid on the lifeboats. Wheeeeeeeeeeeeeeeeeee.

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