Hacker News new | past | comments | ask | show | jobs | submit login

It's not just banks that are too big to fail - so was General Motors. What would the solution be there?



GM was not too big to fail. GM was propped up because the administration wanted to for political reasons.


Is one better than the other?


Sort of. I'd rather have politicians handing out indstury subsidies by choice than being held hostage by their own frankenstein monsters. But I hear ya.




Consider applying for YC's Spring batch! Applications are open till Feb 11.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: