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Senator Sanders proposes legislation to break up large banks

Posted Nov 6th 2009 5:00PM by Connie Madon (RSS feed)
Filed under: Management, Industry, Market Matters, Money and Finance Today, Politics, Headline News, Federal Reserve, Financial Crisis

US Senator Bernie Sanders, independent from Vermont, is known for his straightforward and unbiased positions.

His new legislative proposal is to break up big banks that are deemed "too big to fail." To quote Mr. Sanders: "if an institution is too big to fail, it is too big to exist. We should break them up so they are no longer in a position to bring down our entire economy."

Continue reading Senator Sanders proposes legislation to break up large banks

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