Lance

Hamstringing U.S. Banks Is Not the Answer

"...Japanese shareholders have been given a bigger voice in how the banks are run..."

I didn't realize this is version of The Daily Show, and that you are apparently a Jon Stewart impersonator.

Have you ever *been* to Japan? Can you speak Japanese? Have you ever owned a Japanese bank share, and have you ever tried to influence Japanese management by virtue of such ownership?

Do tell us how it turned out.

Big is not beautiful, when big endangers the entire economy through ignorance and greed. There is absolutely a threshold beyond which a bank becomes big enough to be a systemic risk. For some time to come, if a bank crosses that threshold, it's not going to be free to do whatever it wants. One person's "hamstringing" is another person's common sense.