Consider the background of the recent financial crisis in the US, which culminated in the collapse of several major financial institutions such as Goldman Sachs and Bear Sterns Co. Had it not been for the $700 billion dollar rescue of large financial organization and major employers like General Motors, the impact of the financial collapse would have been much greater and lasted much longer than it turned out. Comment on the philosophy that was used by the US Treasury secretary, that certain institutions have become, "To big to fail". Should the federal government, i.e. taxpayers be expected to pay the costs of poor management practices or should the market separate winners from losers?