CL82
NCAA Woman's Basketball National Champions
- Joined
- Aug 24, 2011
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Well, if you use the banking analogy, there is a cycle of consolidation until it reaches a point that the survivors are vulnerable to niche competitors who grow over time until there is another wave of consolidation.In a banking crisis, the federal reserve will always look to the largest banks to step in and stabilize the system so it doesn't collapse. This benefits everyone, most especially the largest banks. It's somewhat counterintuitive. One would think that the surviving large banks benefit from the demise of a competitor, but the reality is that the larger banks are susceptible to failure and collapse if the system collapses around them, no matter how strong their balance sheet may appear. I think we are approaching that point here. I don't believe it's in the Big 10 or SECs interest (or the Big 12 for that matter) for the PAC to collapse. I am not sure that the system survives a PAC collapse, and if you start freezing out high profile state funded institutions, you are going to see congress get heavily involved. If I am counseling the Big 10 or the SEC I am telling them to find a way asap to salvage the PAC.
I think conferences are still in the consolidation stage.