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Have Banks Become Too Big and Too Powerful?

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  • Description

    FBN’s Gerri Willis argues J.P. Morgan is an example of why banks need to be smaller.

  • Duration 0:53
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Hello everybody I'm Gerri Willis JPMorgan Chase's its monster a loss in the markets it's a reminder we aren't that far away from the 2008 financial meltdown.

The two billion dollar loss over just six weeks was a shocker for investors yesterday that regular Americans know what the experts have ignored.

Our banks have grown too big into powerful chase is the biggest with 2.2 trillion in assets.

And was run by what most consider to be the smartest Wall Street CEO Jamie Dimon.

And that still didn't prevent what they're calling the egregious self inflicted lots.

We're one of these monster banks to fail again our government is simply not big enough to bail them out.

Not to mention the fact -- -- of course.

It's time to get serious consideration to what the well heeled Wall Street -- would like you to forget.

For the health of the country these banks need to be smaller what the downsizing began -- from.

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