Huffpost Business

Breakup Of Mega-Banks May Now Be A Feasible Option

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BREAKUP MEGABANKS

What was made can be unmade.

JPMorgan Chase and Wells Fargo may have venerable names, but they and the pseudo-venerable Citigroup and Bank of America are all products of countless mergers and agglomerations.

There is no rule of markets that requires a financial system dominated by four cobbled-together, lumbering behemoths.

Read the whole story at The New York Times

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