This is such an important point: there is no difference between "too big to fail... | Hacker News

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		sunchild on Jan 11, 2012 \| parent \| context \| favorite \| on: Mafia becomes "Italy's largest bank" in aftermath ... This is such an important point: there is no difference between "too big to fail" and "an offer you can't refuse". It's protection racketeering in a five thousand dollar suit. "Nice economy you have here. It would be a shame if anything happened to it."

chrischen on Jan 12, 2012 [–]

Mafia uses violence. That's different.

coenhyde on Jan 12, 2012 | [–]

So do governments ...

chrischen on Jan 13, 2012 | | [–]

Sure. Governments like North Korea or China's is similar to the mafia.

But 1st world developed democracies are not.

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