I don't disagree. However, there are several other considerations:
- If we prevent a company from becoming too big to fail, aren't we interfering with the "free" markets? - Preventing our companies from becoming too big to fail only works if the rest of the world follow suit. A key problem in the market is that the markets, as presently structured, are not truly free markets. Size matters a lot in today's markets, which is wrong. And you are very correct, the costs far outweigh the benefits of size.
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- If we prevent a company from becoming too big to fail, aren't we interfering with the "free" markets?
- Preventing our companies from becoming too big to fail only works if the rest of the world follow suit.
A key problem in the market is that the markets, as presently structured, are not truly free markets. Size matters a lot in today's markets, which is wrong.
And you are very correct, the costs far outweigh the benefits of size.