Thursday, July 21, 2011

Its time to break up big bailout banks.

it's the biggest Wall Street banks -- the ones that got us into this mess in the first place, and got bailed out by the public -- that have taken the lead in killing off Dodd-Frank. They can afford the hit job.

Robert Reich: The Shameful Murder Of Dodd-Frank by big bail out banks

One full year after the financial reform bill spearheaded through Congress by Christopher Dodd and Barney Frank was signed into law, Wall Street looks and acts much the way it did before.

That's because the Street has effectively neutered the law, which is the best argument I know for applying the nation's antitrust laws to the biggest banks and limiting their size.

www.RobertReich.org

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