Robert Reich: Breaking Up The Big Banks

Too big to fail? We all know that term was a misnomer when applied to big banks. Robert Reich explains why it's so important to break up the biggest banks, which have grown exponentially over the past few years. This idea of breaking up the
By Diane Sweet — February 15, 2013

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Too big to fail? We all know that term was a misnomer when applied to big banks. Robert Reich explains why it's so important to break up the biggest banks, which have grown exponentially over the past few years. This idea of breaking up the banks isn't new, and is supported by Federal Reserve Governor Dan Tarullo, Former Citigroup CEO Sanford Weil, Rep. Jeb Hensarling, Senator Sherrod Brown, and Sen. Elizabeth Warren. It's clear we can't afford another TARP bailout.

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