Re:Jamie Dimon blows up at DC's dysfunction
by humanrebar on Friday July 14, 2017 @01:24PM
(#14771490)
> To my mind, regulation seems the most straightforward path to this goal.
It's not that complicated to break up too big to fail entities, encourage dynamism and competition in the sector, and just let them use traditional methods of failure (bankruptcy, merger, etc.) going forward.
Heavy regulations, perhaps counter-intuitively, benefit too-big-to-fail banks the most since the overhead of compliance is relatively small compared to small banks and banking startups.
It's not that complicated to break up too big to fail entities, encourage dynamism and competition in the sector, and just let them use traditional methods of failure (bankruptcy, merger, etc.) going forward.
Heavy regulations, perhaps counter-intuitively, benefit too-big-to-fail banks the most since the overhead of compliance is relatively small compared to small banks and banking startups.