THE BASIS POINT

Banks Still Too Big To Fail? Um, yeah…

 

The buzzword question, “Too big to fail?” is becoming more evident:

-the 5 largest U.S. banks held 38% of all deposits at the end of 2011

-up from 29% in 2005, or about 31% growth over this period

 

READ OUR NEWSLETTER

YOUR COMPETITORS ALREADY DO

Comments [ 2 ]
  1. The big banks should be scaled down. Their non performing loans sold off in an orderly fashion. If its necessary for the government to set up something like the resolution trust corporation simlar to the savings and loan  crisis in the 1980’s so be it. The taxpayer should never ever have to pay for all the mistakes of a few mega banks. Also deposits at major financial banks should be limited to safe types of investments. Glass Segal should never have been repealed.

  2. The big banks should be scaled down. Their non performing loans sold off in an orderly fashion. If its necessary for the government to set up something like the resolution trust corporation simlar to the savings and loan  crisis in the 1980’s so be it. The taxpayer should never ever have to pay for all the mistakes of a few mega banks. Also deposits at major financial banks should be limited to safe types of investments. Glass Segal should never have been repealed.

WHAT DID WE MISS? COMMENT BELOW.

All comments reviewed before publishing.

15 + eight =

x