Salient to Investors:
Economics Fanatic writes:
- The top 100 banks in the U.S. had an 88% market share in Q3 2012 versus 84% in 2010 – if this trend continues, the next banking crisis will be bigger than the 2008-09 crisis.
- Excessive risk taking is predominant in these institutions. Regulators need to take immediate action to prevent a bigger financial crisis in the future. Investors reward reduced complexity.
Read the full article at http://seekingalpha.com/article/1121101-the-u-s-banking-system-too-bigger-to-fail?source=email_macro_view&ifp=0