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PatriotOne
03-22-2012, 07:23 AM
The Dallas Fed Is Calling For The Immediate Breakup Of Large Banks

Joe Weisenthal|Mar. 21, 2012,

It's hard not to think it's a big deal when a branch of the Federal Reserve system calls for the breakup of major American banks.

The bank has just released its annual report, and the title of the letter is: Choosing the Road to Prosperity Why We Must End Too Big to Fail—Now.

Rest here:

http://www.businessinsider.com/dallas-fed-calls-for-breakup-of-big-banks-2012-3

Zippyjuan
03-22-2012, 05:52 PM
Wondering what has been taking so long. That was suggested when the crisis began- yet more merged into even bigger behemoths. We need to once again separate the investment banks from the core banking operations (deposits and lending type operations) too. Deregulation allowed all the excesses which led to the crisis.