Too Big to Succeed

Dave Hoffman

Dave Hoffman is the Murray Shusterman Professor of Transactional and Business Law at Temple Law School. He specializes in law and psychology, contracts, and quantitative analysis of civil procedure. He currently teaches contracts, civil procedure, corporations, and law and economics.

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3 Responses

  1. Brett Bellmore says:

    It doesn’t make a great deal of sense if the object of this exercise is to rescue the private sector, but if it has morphed into an effort to seize control over the private sector, it makes perfect sense. You let some of the banks off the hook, you don’t have an excuse to push them around anymore.

  2. A.W. says:

    I second what Brett said, and add that I thought it was generally frowned on when a private sector lender loaned to a private sector person and wouldn’t let them pay off their loans faster. that was considered abusive. but if you want out from under Uncle Sam’s thumb, well, we can’t let you do that.

  3. Great post title. And just think, if we actually did manage to save all these banks, we’d start spending antitrust enforcement money again to keep them from acquiring market power. Wouldn’t it be easier for us to embrace the fact that the failure of these behemoths is what healthy capitalism looks like?