This week, the U.S. government is pushing for a fix on "too big to fail" institutions so that the next time one of these entities were to collapse again, it will not bring down the entire financial system and therefore government will not need to step in to rescue the entity.
The irony is: the U.S. treasury department itself is a "too big to fail" institution in that it has owed the world so much debts that should the treasury-bond market and/or the U.S. dollar itself faces a sudden plunge (let alone collapse), the world economy will suffer exponentially.
Talk about being held ransom.
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