Big Enough to Break Up

This is so sensible that I can’t imagine it will pass.

We urge the immediate enactment of the Too Big to Fail, Too Big to Exist Act, which directs the treasury secretary to compile a list of those financial institutions that are too big to fail in the next 90 days, and to break up these banks and insurance companies a year after the legislation is signed into law

You can sign Sen. Bernie Sanders’ petition for it.

Via Barry Ritholz.

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