Friday, July 29, 2011

Once Unthinkable, Breakup of Big Banks Now Seems Feasible

by Jesse Eisinger
ProPublica, July 27, 2011, 3:50 p.m.

What was made can be unmade.

JPMorgan Chase and Wells Fargo may have venerable names, but they and the pseudo-venerable Citigroup and Bank of America are all products of countless mergers and agglomerations.

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