Wednesday, May 22, 2013

Elizabeth Warren Interrogates Jack Lew On The Growing Size Of Too Big To Fail Banks

Elizabeth Warren Interrogates Jack Lew On The Growing Size Of Too Big To Fail Banks: The biggest banks were already huge before the financial crisis, and concentration in the banking industry was in fact one of the causes of the crash. Yet they have gotten even bigger since then. Just 12 banks, 0.2 percent, control nearly 70 percent of total bank assets, and the 20 biggest hold assets equal to [...]/p