It’s not just the banks – our companies too are now 'too big to fail'

More and more companies will be classed as 'too big to fail', says Matthew Lynn. If we don't regulate now, it may be too late to prevent a financial meltdown later.

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There could be horrors lurking unnoticed in a Volkswagen

Bankers pocketing big bonuses while stuffing the tax-payer with their losses. Traders taking wild risks with other people's money, safe in the knowledge that the government has got their backs. Speculators piling bet upon bet and then walking away scot-free when the whole house of cards comes tumbling down.

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Matthew Lynn

Matthew Lynn is a columnist for Bloomberg, and writes weekly commentary syndicated in papers such as the Daily Telegraph, Die Welt, the Sydney Morning Herald, the South China Morning Post and the Miami Herald. He is also an associate editor of Spectator Business, and a regular contributor to The Spectator. Before that, he worked for the business section of the Sunday Times for ten years. 

He has written books on finance and financial topics, including Bust: Greece, The Euro and The Sovereign Debt Crisis and The Long Depression: The Slump of 2008 to 2031. Matthew is also the author of the Death Force series of military thrillers and the founder of Lume Books, an independent publisher.