Senator Sanders proposes legislation to break up large banks

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."

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Senator Sanders proposes legislation to break up large banks originally appeared on BloggingStocks on Fri, 06 Nov 2009 17:00:00 EST. Please see our terms for use of feeds.

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