Over at Concurring Opinions, Dave Hoffman announces:
Concurring Opinions, like A.I.G. and Fannie Mae/Freddie Mac before it, is now too big too fail. We expect that should our blogging rate slow, or the general market conditions to lead to a run on our host, the Feds will step in ensure market stability.
Ditto for the Volokh Conspiracy: So many blogs rely on this blog that our problems are really everyone’s problems. So yeah, looking back on it, maybe all those crazy parties and trips to Vegas to blow our advertising revenue weren’t a good idea. But hey, it’s too late for that: We need to think about the public interest now, and the public interest is obviously in government-backed law blogs.