Too Big To Fail

(Community Matters) no surprise, I’m a strong proponent for financial regulatory reform, and I am worried about the size and concentration of economic assets.  And, I’m a huge fan of Senator Brown.  Nevertheless, as reminded last week, simply breaking the largest banks up into 2 or 3 doesn’t solve the problem, it just makes even more financial institutions to worry about (not so simple but there’s a lot to be said about this too simple approach).  Nor is spinning derivatives business into some unregulated entity an appropriate reform.