Banks that were rescued as “too big to fail” are now bigger than ever. JP Morgan Chase, Bank of America, Wells Fargo and Citigroup now issue half of America’s mortgages and two-thirds of its credit cards.
Too Big to Fail...and Still Growing
Credits
Guests:
- David Cho - Staff Writer, Washington Post
- Daniel Gross - Strategy + Business - @grossdm
- Felix Salmon - chief financial correspondent for Axios - @felixsalmon
- Mark Zandi - Moody's Analytics - @dismalscientist