Read Eliot Spitzer's First Slate Column
Too Big Not To Fail
We need to stop using the bailouts to rebuild gigantic financial institutions.
By Eliot SpitzerPosted Wednesday, Dec. 3, 2008, at 5:59 PM ET
Last month, as the financial crisis and the government rescue plan dominated headlines, almost everyone overlooked a news item that could have enormous long-term impact: GE Capital announced the acquisition of five mid-size airplanes—with an option to buy 20 more—produced by CACC, a new, Chinese-government-sponsored airline manufacturer.
