http://www.bloomberg.com/news/2011-...-forget-commentary-by-simon-johnson.html

Big Gets Bigger

"At the end of the third quarter of 2010, by my calculation, the assets of our largest six bank holding companies were valued at about 64 percent of gross domestic product -- compared with about 56 percent before the crisis and about 15 percent in 1995. Barofsky quotes Thomas Hoenig, president of the Kansas City Federal Reserve, who uses similar numbers and draws the same conclusion: The big banks have undoubtedly become bigger."

Last edited by pgp; 01/27/11 10:49 AM.

Pete Pollard
Blade 702

'When you have a lot of things to do, it's best to get your nap out of the way first.