All Your Firm Are Belong to Us
| Peter Klein |
Time for a little O&M poll. Which US firms or industries will be bailed out and/or nationalized next? This year we’ve had investment banks, commercial banks, insurance companies, and (coming soon) the automobile industry. Who’s next? Another financial-sector player, like student-loan packagers and resellers? More insurance companies? The steel industry? Food processing? Healthcare? Boatmakers? Perhaps professional service firms? How about Olympics organizers? Take a guess, and feel free to provide additional suggestions too in the poll or in the comments. We’re pretty far down the slippery slope; what do you think the rest of the journey will look like?