December 23, 2011
Big banks should be broken up so that NONE is too big to fail. The public should not have to bail any out. Let the bad ones fail. That is how capitalism works. Frankly, I do not care about prohibiting specific actions as long as the banks are small enough so as to not crash the whole system when they fail individually.
I think Sherrod Brown attempted (and failed) to get a size cap of $100 billion. This is a good place to start.