What’s So Bad About Big Banks?

What Is Insider Trading And Why Is It Illegal? http://bit.ly/1XYqCxP
What Is A Stock Market Crash? <a href=”http://testu.be/1gvcA7b” target=”_blank” rel=”nofollow”>http://testu.be/1gvcA7b
Subscribe! http://bitly.com/1iLOHml

Six of Wall Street’s biggest banks hold up to 60 percent of the U.S. GDP. So why is that a problem? What does it mean to be ‘too big to fail’?

Learn More:
Too Big To Fail: The Pros and Cons of Breaking Up Big Banks
https://www.stlouisfed.org/publications/regional-economist/october-2012/too-big-to-fail-the-pros-and-cons-of-breaking-up-big-banks
“U.S. banks, on average, have grown increasingly larger over time, while the total number of banks has declined.”

Remembering the Fed’s Last Big Bailout
http://dealbook.nytimes.com/2008/03/16/remember-the-feds-last-bank-bailout/
“By 1984, Continental was the nation’s eight-largest bank, with the added mystique of being based in Chicago, rather than the locus of financial power that is New York.”

If It’s Too Big To Fail, Is It Too Big To Exist?
http://www.nytimes.com/2009/06/21/weekinreview/21dash.html
“Paul Volcker, the former Federal Reserve chairman and current White House adviser, for instance, has suggested that the government limit how much money big institutions can wager trading.”

Can Hillary Outflank Bernie on Wall Street Reform?
http://www.theatlantic.com/politics/archive/2016/01/hillary-clinton-tries-to-outflank-bernie-sanders-on-wall-street-reform/422937/
“If there’s one issue in the Democratic presidential primary on which Bernie Sanders’s advantage over Hillary Clinton should be clear-cut, it is Wall Street reform.”

Music Track Courtesy of APM Music:

Subscribe to TestTube News!
http://bitly.com/1iLOHml
_________________________

TestTube News is committed to answering the smart, inquisitive questions we have about life, society, politics and anything else happening in the news. It’s a place where curiosity rules and together we’ll get a clearer understanding of this crazy world we live in.

Watch more TestTube: http://testtube.com/testtubenews

TestTube now has a newsletter! Get a weekly round-up of our most popular videos across all the shows we make here at TestTube. For more info and to sign-up, click here. http://testtube.com/fwd

Subscribe now! http://www.youtube.com/subscription_center?add_user=testtubenetwork

TestTube on Twitter https://twitter.com/TestTube

Trace Dominguez on Twitter https://twitter.com/TraceDominguez

TestTube on Facebook https://facebook.com/testtubenetwork

TestTube on Google+ http://gplus.to/TestTube

Download the New TestTube iOS app! http://testu.be/1ndmmMq

Comments

comments