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To: NOW who wrote (245586)4/26/2010 12:11:03 PM
From: bentwayRespond to of 306849
 
There was a time when congress would take on massive corporations too big to fail. Anyone old enough to remember THE phone company?

I think there is one legitimate argument for giant American banks - if they are not allowed to be giant HERE, they can easily be giant ELSEWHERE. So, clearly, any regulation needs to be GLOBAL.