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May 7th, 2011, 08:16
Originally Posted by blatantninja View Post

With the Too Big To Fail concept, we've removed moral hazard, whether it be GM, Bank of America, or whatever.
Too big to fail a concept? What does it mean?

In a competition process, some actors have the possibility to acquire a special status that happens anytime the density of competition gets low.

Too big to fail is maybe a concept but it is a reality that is inherent to competition.

Anytime competition operates, one can acquire the too big to fail status, it can be at your local football club, small regional firm or worldwide corporation. Nothing has been removed.
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