See Goldman troubles as opening to break up banks, restore firewall
(NEWSER) - The Left is suddenly playing offense in the push for financial reform legislation, with liberal senators preparing a barrage of amendments to beef up the bill. One would break up the nation's six largest banks—Goldman Sachs, JPMorgan, Bank of America, Wells Fargo, Citigroup, and Morgan Stanley—whose combined assets make up 60% of the gross domestic product, according to the AP . “They're just too big,” says co-sponsor Ted Kaufman. “They're too big to manage, too big to regulate.” More»
