More handouts in store for big banks? (OneNewsNow.com): "A leading free-market economist says because of the bank bailouts authorized by the Bush and Obama administrations, any big bank that runs into trouble is both so large that it has to be dealt with and has the expectation that it will be bailed out by the federal government.
A chart recently published by The Washington Post details how America's largest banks have become even larger and more interconnected after being bailed out by the federal government.
The top ten banks in the country have now grouped into two very different categories. In the first category, J.P. Morgan Chase, Citibank, Wells Fargo, and Bank of America each individually hold roughly 10 percent of the overall banking assets in the U.S. The other six banks are decidedly smaller and less important."
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