[M. Dodge Thomas]

This article lays out that case as clearly as any I've seen.

And the source, The Federal Reserve Bank of Dallas, is really quite remarkable.

[chainsaw]

It is imperative that we break up the big banks...

More “spread the wealth around”.

Don’t blame Obama, blame the banks!!!!!

[thesharkboy]

The too-big-to-fail institutions that amplified and prolonged the recent financial crisis remain a hindrance to full economic recovery and to the very ideal of American capitalism.

Source: The Dallas Federal Reserve Bank. Pot, meet kettle.

[Popman]

Thanks for posting

Excellent read....

[GBA]

Every day I'm reminded of why we don't have the power to change the laws that govern this world.

We must instead live in harmony with those laws or we will be given "corrections" until we do, but we, children that we are, suck at even figuring that out.

Arrogantly claiming we're too big to fail only attracts the wrong kind of attention from the gods of destiny who delight in having sport with such fools.

The cosmic response to "Too big to fail" is "I hope you enjoy pain".

[NVDave]

That this comes from the Dallas Fed is only slightly remarkable. For “Fed Watchers,” the history of the Dallas Fed since 2008 is that they have had some of the sounder thinking.

The trouble is, when the bankers implode, the NY Fed is at the driver’s wheel of the Federal Reserve. The Dallas Fed is pretty much just a spectator.