by George Washington
For years, many high-level economists and financial experts have said that – unless we break up the giant banks – our economy will never recover, real reform will be blocked, and democracy and the rule of law will be corrupted.
So how did the government respond to the financial crisis which started in 2007?
Let the giant banks get even bigger.
As Bloomberg notes, the five banks that held assets equal to 43% of the US economy in [...]