Tagged: Banks
Open Thread: The Banks
Burt Likko notices that JP Morgan may be on the verge of buying up Bank of America – with lots of government help. Too big to fail gets even more entrenched. I think we...
Breaking up is hard to do
Good stuff on breaking up the banks from The Baseline Scenario. I find the idea of hard GDP caps on bank growth pretty attractive, both because this avoids another layer of needlessly complex financial...
The Acid Test for Conservative Populism
A few weeks ago, The Nation had a great editorial on breaking up the banks: The heart of our predicament is the Too Big to Fail (TBTF) problem. Banks have grown so large that...