the big banks are bigger, the small banks are fewer and the economy remains moribund, You dont have to be an expert to demand that the next president and the next nominee of both parties pledge at least the following: --- Too big to fail banks are too big to exist and must be broken up. --- Gambling with taxpayer guaranteed deposits must be limited: so a new Glass-Steagall bill as introduced by Sens. Elizabeth Warren and Bernie Sanders is needed. --- Independent regulators are vital, so every candidate should pledge to appoint only those already demonstrated to be independent of the bank lobby and Wall Streets agenda. --- The Federal Reserve governors should include leaders who represent not just finance but consumers and workers. --- Consumers should not be gouged by extortionist interest rates imposed by payday lenders or credit and debt card peddlers. Merchants should not be fleeced by excessive fees which are based on monopoly power, not market competition. --- Bankers who break the law, conspire to fix markets, or defraud consumers should be held individually liable. Banks that violate the law repeatedly should lose their privileges. The corrosive culture of Wall Street will not change until bankers realize they are not too big to jail. https://berniesanders.com/bank-reform-five-years-later-still-incomplete/
Wall Street banks should be nationalized and executives sent to prison! 10 reasons NOT to bank with Bank of America http://truth-out.org/index.php?opti...easons-not-to-bank-on-or-with-bank-of-america Where did the Bush/Cheney/Paulson Bailout Money Go? Not much is known http://www.democracynow.org/2009/9/10/good_billions_after_bad_one_year Move Your Money - To local institutions and do your community,your family and your retirement plan a large favor. A database to assist those wishing to move their money out of big banks that took taxpayer money and used it to pay themselves large bonuses: http://moveyourmoneyproject.org/ http://www.huffingtonpost.com/arianna-huffington/move-your-money-a-new-yea_b_406022.html http://www.democracynow.org/2010/1/4/move_your_money_project_urges_people
