Hmmm....I agree with almost everything you say, except, "...why not have a similar process which prevents the creation of companies that are too big to be allowed to fail." How will you (or, more important the government) ever settle on a "to big to fail" definition? What industries should it(not) apply to? Why should we limit the size of organizations? If they fail, smaller organizations will be able to pick up the pieces at a significant discount and capitalisim will be alive and well. In addition, in today's global economy, you would really need all countries to comply and they won't. No, let free markets reign and let big companies fail if they have to.
'Too Big to Fail' Should Not Exist [View article]