Big Banks love millionares, big corporations, Wall Street. The little guy, the small/micro business, etc, they are a PITA, costs are more than the business is truly worth (when you look behind the curtain). This is why they are looking at ‘negative interest rates’, fees, etc that hit the small guy hardest.
Should the Big Banks be busted up? If Standard Oil, etc warranted breakup, so do the Big Banks.
>Should the Big Banks be busted up? If Standard Oil, etc warranted breakup, so do the Big Banks.
Prefer the bust-up of *big* GOVT, personally.
The only way *big* XYZ gets big, is because of govt (Fascism+)/legal monopolies. TBTF is a govt construct. Frank/Dodd, govt. Only AT&T/Comcast is a govt...
Put govt back into its rightful size and role and, w/out the taxpayers as guinea-pigs/banks, you’d see a resizing.