Monday, June 29, 2009

Too big to fail?

When magazines and universities do their 2009 year-in-review lists, one of the things they're sure to write is that we never want to hear the expression "too big to fail" again. What with Citi, AIG, Chrysler and GM, we've had our fill.

But what about McEagle and NorthSide? Are they "too big to fail" as well? Maybe by December, St. Louis will be getting tired of NorthSide. Or maybe more people will be on board with the project. We're just going to have to wait to see what happens.

Tim Logan of the Post Dispatch has a story in today's paper detailing more of the background on the proposed NorthSide plan. Logan poses the question: is NorthSide too big to fail? There's no guarantee the project will be a success, but if it's not, we all lose.

What are the ways you see the project succeeding, and what potential challenges do you see getting in the way?

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