sleepless_on_wall_street

Pfizer / Wyeth Deal Will Be Costly No Matter What

What about too big to fail exposure? Is this a dangerous concentration of too much of one sector in one company? How much consolidation shopudl be allowed?

Is anybody asking these questions? No one asked them as CitiGroup and Bank of America rolled up to humungous size, or when AIG was put together. Someone better be asking questions now or we will end up with a couple of drug companies that collapse under their own weight and will be too much of our drug resources to ignore.