Breaking up the big banks

Neel Kashkari is back to making waves, this time as the president of the Fed reserve bank of Minneapolis. Most of us remember him from his campaigns for the California Governor’s race in 2014. He is arguing for breaking up the big banks such as JPM, CITI so “too big to fail” doesn’t happen again. He certainly has the credentials to weigh in, from his past experience leading the TARP program to bail out the banks in 2008. But looks like there will be many feathers ruffled meanwhile…..

http://www.wsj.com/articles/feds-new-bank-critic-keeps-heat-on-1459720148

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