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In short, the United States cannot afford to view the proposed sale of the Tyco Global Network as it has too many similar fire-sales of sensitive American-owned assets in recent years (including, notably, IBM's transfer to Communist China of its personal computer division).
CENTERFORSECURITYPOLICY: Strategic fire-sale
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This may neglect the presence of other financial assets, held outside pension plans, but it has many pension experts worried.
ECONOMIST: Passing the buck | The
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If you think Citibank has too many assets, divisions, and operations, go tell it to the shareholders.
FORBES: The War Against Big Banks Is A War Against Your Mind
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It has created many lending programmes since August 2007 to help banks finance holdings of illiquid assets and so avoid fire sales.
ECONOMIST: The Federal Reserve
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It has hit many people retiring in its aftermath, by reducing the value of the financial assets they use to buy a pension.
BBC: Ageing populations and fewer workers strain pensions
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As it happens, for all the criticism of RBS, it has done a pretty effective job of shrinking its non-core and poor assets from many hundreds of billions of pounds to several tens of billions of pounds.
BBC: Should the Treasury keep 'bad' RBS?
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But in many countries the personal sector has more assets than debts at variable interest rates, so it is a net winner when rates rise.
ECONOMIST: Hold your tongue | The