Big Bad Bank and Little Red Trustbuster

by Chidem Kurdas A surprising new Small-Is-Beautiful movement is afoot.  Mario Rizzo, Jerry O'Driscoll, Harry Kaufman and others make a case for  breaking up too-big-to-fail financial institutions. As Mr. Kaufman puts it, otherwise those companies will become financial public utilities backstopped by the government. It’s not likely that the 2008 crisis would have been prevented … Continue reading Big Bad Bank and Little Red Trustbuster