"If an Institution is Too Big to Fail, It Is Too Big to Exist"


	"If an Institution is Too Big to Fail, It Is Too Big to Exist"

katsteevns

11-8-2009 6:03 AM

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11-9-2009 9:52 PM

mcsmithblack

Bernie's definitely the man!

11-9-2009 10:57 PM

blueridge

Note that hundreds of smaller independent banks are not being "bailed out" and saved. Now all these assets will go where? Right...to the bigger banks, the "too big to fail" Banksters.

Stop the power-grab, break up the banking oligarchy.

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Sen. Bernie Sanders (I-Vt) proposed legislation calling for the breakup of failing financial institutions within a year.</DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.truthout.org/topstories/110709vh03"><DIV>
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"U.S. Senator Bernie Sanders unveiled legislation requiring Treasury Secretary Timothy Geithner to name banks whose collapse may shake the economy and break up the firms in a year, fueling efforts to end taxpayers bailouts....</DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.truthout.org/topstories/110709vh03"><DIV>
"The legislation would give Geithner 90 days to list the commercial and investment banks, hedge funds and insurance companies deemed “too big to fail.” Those firms would be broken up within a year, he said. Representative Paul Kanjorski, a Pennsylvania Democrat, is considering a measure in the House that would break up large financial firms."</DIV></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/B0E48338-E499-47C7-9227-E4F0C5187BAC/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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