Nearly all of our political leaders agree that we must banish the "too big to fail" doctrine in banking, but neither the financial reform bill approved in the House nor the bill promoted by Senate Banking Committee Chairman Chris Dodd, D-Conn., will eliminate it.

The five largest banks control some two-thirds of assets in the U.S. banking system. As long as that condition exists, we will never be rid of "too big to fail."

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.