too big to fail

I'm watching Andrew Ross Sorkin, author of Too Big to Fail on Booktv, c-span2. It was recorded 11/2/09 and it's good stuff, watch it.

Can institutions be too big to fail? There is some debate. All I know is that free-market fundamentalism is economic anarchy. George Soros thinks so too and he put his money where his mouth is. For some people, it's a moral issue.

Good thing Dubai is a relatively small. We may be saying, bye bye to Dubai.

Too bad it might be a sign as to our own commercial real estate markets.