The Best Way To Make Banking Secure

Too big to fail banks can be dangerous. There is no reason for them to be that big because they can partner for big deals when necessary. They have done so in the past when they were much smaller.

                                               

The Dodd-Frank law has to be repaired. Federal deposit insurance should be confined only to commercial bank activity and not investment banking.

Uncle Sam has been hurting community banks with strict and very costly regulations aimed at giant banks. The smaller banks are merely innocent bystanders

The giant banks, in the meanwhile,  are now bigger than ever by about 20%. The ten largest banks now account for about two-thirds of all banking assets. The five largest banks account for half of that. Yet, twenty five years ago , the top five U.S. banks controlled under 10% of total banking deposits. (See the Earl J. Weinreb NewsHole® comments.)