Top Fed Official Wants To Break Up Megabanks, Stop The Fed From Guaranteeing Wall Street's Profits [EXCLUSIVE]

"Called the idea that the U.S. needs megabanks to compete globally a "fantasy";"



The baseline problem is that in the era of globalism there are no "American Banks." There are banking brands that are historically associated with America, but are really no more American than Toyota is.
Read the Article at HuffingtonPost