HOW DID TOO BIG TO FAIL - TopicsExpress

HOW DID TOO BIG TO FAIL HAPPEN? —————————————————— How did too-big-to-fail happen? It has been sold to Americans as mergers and acquisitions in behalf of greater efficiency, in behalf of streamlining. But there are two deadly truths the press predicatbly has been ignoring: • mergers and acquisitions destabilize employment, leading to layoffs, dismissals and salary cuts, and • mergers and acquisitions are the require prerequisite for insider trading, which is now the rule rather than the exception. In other words, they’re often about wrongdoing.

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