Re:JPMorgan Chase Bank Assumes All the Deposits of First Rep...
by tzs on Monday May 01, 2023 @11:03AM
(#35773759)
> This just balloons up giants which are too big to fail
This is good. We need to get everything down to a sufficiently small number of big banks so that "too big to fail" also means "so big that even the most ardent small-government anti-regulation leave everything up to the market people in Congress are afraid to deregulate them".
This is good. We need to get everything down to a sufficiently small number of big banks so that "too big to fail" also means "so big that even the most ardent small-government anti-regulation leave everything up to the market people in Congress are afraid to deregulate them".