Breaking Up Banks

Ryan Grim

Senate Test Vote Shows Broad Support For Breaking Up Banks

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011

Read More: Senate Budget Committee, The Financial Fix, Breaking Up Banks, Too Big to Fail, Business News

A test vote in the Senate Budget Committee on Thursday showed stronger support in the chamber for breaking up big banks than had previously been suspe...

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Breaking Up the Big Banks, and Why Congress Won't Do It

Robert Reich | Posted 05.25.2011

Read More: Treasury Department, Congress, Robert Reich, Too Big to Fail, Bank of America, Larry Summers, Paul Volcker, Barack Obama, Merrill Lynch, Goldman Sachs, JP Morgan, Morgan Stanley, Wall Street, Financial Crisis, Banks, Glass-Steagall Act, Timothy Geithner, Bear Stearns, Citigroup, Break Up Big Banks, Breaking Up the Big Banks, Breaking Up Banks, Business News
Robert Reich

Two ideas are floating around Washington regarding how to handle 'too big to fail' banks, but only one is supported by the Treasury and the White House. Unfortunately, it's the wrong one.

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