Enormous enterprises with tons of buy-in that failed:
- Bernard Madoff Investment Securities (yes, of Bernie Madoff fame)
- Enron
- Bear Stearns
- Lehman Brothers
Too big to fail means the government will step in to prevent a failure. Only the government has the backing of the entire economy.
Enormous enterprises with tons of buy-in that failed:
- Bernard Madoff Investment Securities (yes, of Bernie Madoff fame)
- Enron
- Bear Stearns
- Lehman Brothers
Too big to fail means the government will step in to prevent a failure. Only the government has the backing of the entire economy.