Break them up March 24, 2012 at 8:18 am
From the final paragraph of a wonderful essay by Harvey Rosenblum, Dallas Fed executive vice president and director of research:
The road to prosperity requires recapitalizing the fnancial system as quickly as possible. The safer the individual banks, the safer the fnancial system. Te ultimate destination—an economy relatively free from financial crises—won’t be reached until we have the fortitude to break up the giant banks.
Go read it.