Dodd-Frank Obsolete?

One of the main reasons for the creation of the Dodd-Frank Act was to create a banking system where no bank was too big to fail.

Now government insiders admit big banks will not be allowed to fold. In fact, credit markets permit big banks to borrow at lower cost than do middle-size and smaller banks.

Everyone involved in the financial community realizes that big banks have become even bigger and impose more systemic risk than ever before, BECAUSE of the Dodd-Frank Act.

And the regulations are still not all in place. ( See the Earl J Weinreb NewsHole® comments.)