Some of the country’s biggest financial institutions would still need public bailouts whether they failed. But it’s not their size that’s the problem,it’s how theyre dash
Throughout the 20th century, the chief legislative option in the United States for confronting monopolistic firms has been to break them up into pieces with antitrust law. Presidential candidate Bernie Sanders now proposes this remedy for dealing with big banks, and which appear no less “too big to fail” than they were when we bailed them out a few years ago.
What whether,for instance, a bank seeking current borrowers had to bring them on as co-owners, or with a vote in the boardroom?Continue reading...
Source: theguardian.com