WATCH: Senator Sanders Tackles Too-Big-to-Fail: “Break ‘em Up”

Posted on Friday, November 6th, 2009 at 1:57 pm by dpacheco

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Senator Bernie Sanders (I-VT) is introducing a bill in the Senate that would break the monopoly of the “too big to fail” financial institutions. If they’re too big to fail, says Sanders, they’re too big to exist.

(h/t Sam Stein, The Huffington Post)

Here’s amazing irony. Guess what. Three out of the four largest financial institutions in the country who led us to this economic disaster are now bigger than they were before the financial collapse.

So we have got to break these guys up so that we don’t see a recurrence of what we saw over a year ago.

Watch it now:

Read the whole article here.

Sign the petition to Treasury Secretary Tim Geithner.

 

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