11-01-19 Financial Recklessness - Official US Government Policy // Imprudencia financiera - política official de EE.UU. Gobierno // 财政鲁莽-美国政府官方政策

Of note: 

• Until 2008, no US national bank was permitted to hold over 10% of total consumer deposits. 
• The precautionary measure was adopted following the Great Depression. 
• The policy was lifted, as a key provision of the US government coerced Bank of America- Countrywide merger agreement in January 2008.  
• No reasonable explanation can be found for the current US banking regulation policy that is consistent with stability of US financial markets.
• The current policy materially increases risks and volatility. 

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Information Clearing House Newsletter

News You Won't Find On CNN
January 19, 2011
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Trillion-Dollar Banks Could Get Bigger Under Financial Overhaul Law:

The nation's four biggest banks can grow even bigger, with the potential to add at least another trillion dollars onto their balance sheets before they even reach the limits imposed by the Obama administration, according to an administration study released Tuesday.
http://www.huffingtonpost.com/2011/01/18/trilliondollar-banks-could-get-bigger_n_810747.html