Us Stocks Fall Amid Banking Concerns
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Who is this T. Boone Pickens the actual reason promoting wind energy making use of Pickens Think about? He is the and founder and chairman of BP Capital Management, and may is trying transfuse the oil was blood with wind, wind power, which usually is.
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The larger issue is the resultant scale of the merged entity. Spending budget too many corporations considered "too big to fail" (including GM and Chrysler!). Each time one out of all these corporations begins to teeter, U.S. taxpayers money has to flood in and save them, as outcomes of letting them fail are too devastating for the economy. How's combining two "too big to fail" companies that happen to be already teetering and merging them into an a whole lot larger "too big to fail" megacorporation (that will, no doubt, be teetering) a very good move?
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