Washington, DC’s business model?

Take big money from Big Businesses.  Then use Big Government – to do Big Biz’s bidding.

America’s Big Banks – are HUGE.

Behold some Market Caps….

JPMorgan Chase:                   $550.0 billion

Bank of America:                    $281.5 billion

Wells Fargo:                            $205.7 billion

Morgan Stanley:                     $144.5 billion

Goldman Sachs:                     $125.3 billion

Citigroup:                                $110.1 billion

That’s six banks – with a total Market Cap of $1.42 TRILLION.

Which is remarkable.  Because we were told DC in 2010 fixed “Too Big to Fail” – and we would no longer have banks this big.

Instead, the Big Banks have only gotten bigger and bigger.  Almost as if that was a feature of Dodd-Frank – not a bug. (more…)