It's the usual suspects who stand to be affected by Fed Governor Tarullo's call to cap the size...

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bbro Comments (7895)
 
Why don't we make the world smaller and simpler while we are at it??
11 Oct 2012, 04:46 PM Reply Like

msphar Comments (140)
 
go ahead and reward us shareholders!
11 Oct 2012, 04:48 PM Reply Like

Howard Hunt Comments (41)
 
The politicians have proven themselves to be great financial minds: How does their handling of our fiscal deficit grab you?
11 Oct 2012, 05:24 PM Reply Like

garyt01 Comments (19)
 
Let's see, the Fed wanted the banks to get bigger by acquiring weaker brokerage firms such as Merrill Lynch, Dean Witter, etc., as well as acquire weak banks, and now ONE Fed Governor says let's make them smaller. This carries about as much weight as if ONE Fed Governor said rates need to be higher. Mr. Tarullo, good luck with your quest. Also, remember the push from the Fed and the regulators, who approved all these banks' acquisitions in the past in order for them to grow big enough to compete with the European and Japanese banks. They got what they wanted. Oh yes, then let's allow some State sue the banks for taking on all the risky assets of those acquisitions the Fed so wanted them to save for the sake of the economy.

If the Fed wants to make a push to split up the banks, maybe a press release by more than Mr. Tarullo would be newsworthy, maybe a group of four governors and Mr. Bernake together. This news release is worth little.
11 Oct 2012, 05:37 PM Reply Like