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

[oldembed src="https://www.youtube.com/embed/X_uA6q7J2lk" width="425" height="300" resize="1" fid="21"]

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.

Can you help us out?

For over 20 years we have been exposing Washington lies and untangling media deceit, but social media is limiting our ability to attract new readers. Please give a one-time or recurring donation, or buy a year's subscription for an ad-free experience. Thank you.

Become a subscriber:
 
Make a donation:

If you don't mind the ads and would rather donate, please select one of the options below:

Kindest
Donate via PayPal
Via Snail Mail
payable to: Crooksandliars
528 Palisades Drive
Ste 548
Pacific Palisades, CA 90272

Explore more

Discussion

We welcome relevant, respectful comments. Any comments that are sexist or in any other way deemed hateful by our staff will be deleted and constitute grounds for a ban from posting on the site. Please refer to our Terms of Service for information on our posting policy.
Mastodon