Break Up the Big Banks for More Value

This is a fact worth repeating: Big banks would be worth more to their shareholders if they were divided up into their subsidiaries which specialize in their various sectors. 

And banks can be asked to pay for failure insurance. This protects taxpayers if done correctly. How? One way is that the cost of that insurance can be easily determined, It already is by market values of credit default swaps on the banks. (See the Earl J. Weinreb NewsHole® comments.)