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Is Los Angeles United too big too fail?

JUNE 26, 2018 | by Dan Walters | CALIFORNIA MATTERS

“The term “too big to fail” entered the popular lexicon a decade ago when the federal government rescued huge banking corporations that were collapsing due to rampant greed and managerial incompetence. The phrase might be applied today, with a question mark, to the state’s largest – and nation’s second largest – school district, Los Angeles Unified, whose leaders seem to assume that no matter how irresponsibly they act, the state will rescue them.”

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