Saturday, January 2, 2016

Are Big Banks Too Big?

                  
Federal regulators keep trying to cut the size of big banks which they claim have become too big to fail. The clumsy Dodd-Frank Act of 2010 has staggered along with its thousands of pages of bureaucrat diktat, that includes an attempt to keep banks secure. All it has done so far has made banks larger.
                       
Breaking them up isn’t easy, nor will it solve the problem of safety. Smaller banks have to work harder, to accommodate the economy. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at twitter.)

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