The Dallas Fed Is Calling For The Immediate Breakup Of Large Banks

Joe Weisenthal | Mar. 21, 2012, 10:03 AM

It's hard not to think it's a big deal when a branch of the Federal Reserve system calls for the breakup of major American banks.

The bank has just released its annual report, and the title of the letter is: Choosing the Road to Prosperity Why We Must End Too Big to Fail—Now.