Study Puts Price Tag on ‘Too Big to Fail’ 

LONDON – An analysis commissioned by the Green Party in the European Parliament estimates that the cost of the implicit guarantee that governments will back large financial institutions, known as “too big to fail,” was about 234 billion euros in 2012.

Is America A Specially Creative Nation? Boeing Seems To Think So, But It May Be Proved Wrong

In this space last week I highlighted Boeing’s program to transfer much of its most advanced technology to Japan and suggested the company is committing the industrial equivalent of assisted suicide (with the Tokyo industry ministry gamely playing