Reply #2: Break up big financial firms, and never let them...

[Eric J in MN]

...get big enough again that some politicians will say they're too-big-to-fail.

Bernie Sanders writes, "If a company is too big to fail, it is too big to exist."

http://www.huffingtonpost.com/rep-bernie-sanders/billions-for-bailouts-who_b_127882.html


Federal Deposit Insurance Corp. Chairwoman Sheila Bair is saying it in different words:
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WASHINGTON (MarketWatch) - Before lawmakers on Capitol Hill begin contemplating the creation of a broad systemic regulator, legislators should consider limiting the size and complexity of financial institutions as a means of reducing risk, a key regulator said Thursday. "Congress should examine a more fundamental question of whether there should be limitations on the size and complexity of institutions whose failure would be systematically significant," said Federal Deposit Insurance Corp. Chairwoman Sheila Bair at a Senate Banking Committee hearing on modernizing bank supervision.

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