Robert Reich: TARP is Over, But the Bailouts Will Continue Until the Big Banks are Broken Up—And Washington Knows ItJanuary 2013
Now is the time to start breaking up the financial giants.
With penalties laughably low, what should we expect but continued criminal activity on the part of corporations?
Sanford Weill brought about banks that were too big to fail, but now he’s changed his tune.
In July’s TaxCast, a discussion of why there have been no HSBC prosecutions, the unanticipated size of offshore accounts, Norway’s new regulations, and more.
Banks don’t want Dodd-Frank regulations extended to their foreign branches and overseas subsidiaries. Should we listen?