PHILLIP56 Wrote:
Dec 28, 2012 2:27 PM
You mention the problem of banks that are too big to fail. Here's my solution. Decide what is too big to fail in terms of yearly profit. Then enact a 100% tax on this excess profit. You could sell it as a huge tax hike on filthy rich banks, but what would happen is those too big to fail banks would race to split up into many more banks that are not too big to fail.