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View Diary: Tough Choice: If DOJ Prosecutes Wall Street, Banks Could Collapse (196 comments)

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  •  If the big banks are "too big to fail"... (7+ / 0-)

    then obviously they are too big to function.  They need to be broken up immediately into smaller regional banks and separate the securities portions of the banks from the actual banking portion.  If anything, the government needs to re-institute Glass-Stegall.

    •  "Too big to fail" is shorthand that (2+ / 0-)
      Recommended by:
      Ray Pensador, JesseCW

      our economic/national security is threatened should they unravel.

      If that's the case, letting them go on is much like a permanent gun to America's head. For all the talk, and destruction of rights over National Security, where's the sensible action on this?


      Markos! Not only are the Gates Not Crashed, they've fallen on us. Actual Representatives are what we urgently need, because we have almost none.

      by Jim P on Wed Feb 06, 2013 at 07:56:32 PM PST

      [ Parent ]

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