Bigger = Better? Always?
The words 'big' and 'mega' have been in the news all around the world. The big banks and other massive financial institutions have fallen, or are falling. I could not understand how Fannie May and Freddie Mac could become so big that they are not allowed to fall. (They were 'born big', being instruments created by the American government.) And the likes of Morgan Stanley and Lehman Brothers.... Big does not mean invincible. In Singapore recently the spotlight has also fallen on the 'mega-churches', non-denominational churches led by very charismatic personalities that now boast of thousands of 'attendees' (apparently not all are 'members') in sparkling new buildings with massive carparks, state-of-the-art audio-visual equipment, huge auditoriums, etc. with millions of dollars in the pot. This scrutiny is partly due to the fallout from a few major charities where the accounting has been found to be somewhat less than transparent. (My ex-bo...