The subject did not fit the excellent article you posted garsan. There is not such thing as "to big to fail" IMHO.

That is why we used to use the Federal Bankruptcy System now it is tossed aside.

If the cannot work it out in Chapter 11 then onto Chapter 7 liquidation the church bells have rung on that one.

Skunk Bankers simple do not meet required capital the shut them down. Way it goes keep your books straight skunks.

Used to work that way for near 70 years until the Glass/Steagall Law was killed. Yep I no those no good Republicans held a position of power however in 1999 they did not have the votes to over come a veto. Veto?
Never happened. So off to Well Street Commercial bankers, slicing and dicing ever kind of monetarily scrap of paper known. Rename them, sell them to the public, Municipalities, investors they were and are nothing more than a piece of illiquid piece of paper, good for lighting fires in the fireplace, and or use in an outhouse. ARS's Derivatives, name after name none worth shooting.

Goverment takes over business without the use of Federal Laws namely the Federal Bankruptcy system, hire and fire at will executives. Steal without due process from owners of secured bonds, flip a coin and say this is all we will give you take it or leave it not the way it is prescribed according to established Federal Laws, who cares?

So garsan, what is a person to do? Is this or that company safe from the Federal Goverment, this bank from injections of cash "morphine" so they can buy up smaller banks the FDIC is "going" to close. Heck I do not know, never will I guess.

Good article you posted, thank you.
jlre2