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Break up the "too big to fail" banks

It will be good for the economy

Bank America , Bank of New York , Chris Whalen , Citibank , Goldman Sachs , JP Morgan Chase , Wells Fargo

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Chris Whalen

Chris Whalen makes the case that the US would be much better off if the huge zombie, too big to fail banks would be broken up into smaller banks.

Of course, this is the exact opposite opinion of the people who run these banks and have successfully subverted the US government.

The question is when banks like Wells Fargo and their bogus accounting and JP. Morgan and their reckless trading pit the wall, where are we getting get the money to bail them out yet again and why do we want to put zombie banks in control of our economy in the first place?

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