Howard_T

Is Too Big to Fail Now Too Big to Exist?

I say break them up into their constituent parts, banking, brokerage, etc. While you're at it, likewise break up the entire industry. I think this was once called "Glass-Steagle". This will force the largest of the banks to compete on a more even footing with the smaller regional banks, and should result in more money getting into the hands of businesses in the form of loans.

If the mega-banks are not broken up, remember this: Even Tyrannosaurus Rex was too big to fail, and we all know what happened to the dinosaurs.