How 37 Banks Became 4 in just 20 Years


…and I hope you all see the movie “The Big Short” in theaters now.  Informative, frustrating and maddening . . . . and true.

If you were wondering how banks got “too big to fail,” here’s a good place to start. This chart shows us how, over the last couple of decades, 37 banks have became just 4 mega-banks. These same 4 mega-banks have, thus far, been immune to the consequences of any and all of their terrible decisions that places the entire world economy in jeopardy.

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