Tag: too big to fail

"If these banks were too big to fail 10 years ago, what would happen if any of them were to fail today?"

This scam supposedly began in 2011 and for the last five years, roughly 1.5 million deposit accounts and 65,000 credit-card accounts were created.

There’s only one way to protect the global economy from the dangers of too-big-to-fail banks: Break them up.

If the economic proposals described in this episode of Clearing the FOG were put into effect, Wall Street would be tamed and the people would regain control of the economy.

If the government really believes that banks like JP Morgan Chase, Goldman Sachs, Morgan Stanley, Citibank and Wells Fargo are “too big to fail” because prosecuting their chief executives could lead to a new financial crisis, then those institutions are simply too big to allow to exist.