"Too Big to Fail" Banks Even Bigger Under Obama

Ed Morrissey, Hot Air
More than two years ago, Barack Obama railed against “too big to fail” banks and pledged to prevent the “further consolidation” of the banking system.  Did Obama succeed?  According to Bloomberg, the five banks that held assets equal to 43% of the US economy in 2007 before the financial crisis and the bank bailout now control assets that equal 56% of the US economy:Two years after President Barack Obama vowed to eliminate the danger of financial institutions becoming "too big to fail," the nation's largest banks are...

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