From Lydia Howell For PUBLIC CITIZEN
There’s no way around it. In its current form, Bank of America, poses a grave threat to our economy.
It is massive, complex and unstable – too big to manage and too big to regulate. And its assets are equal to roughly one-seventh of the U.S. gross domestic product.
More than $1 TRILLION in federal assistance has already gone toward propping up this sprawling behemoth. It’s time to stop propping up and start breaking up
If Bank of America goes down, it will take a sizeable chunk of our economy down with it.
Please join me in telling the financial regulators to break up Bank of America.
Go to http://action.citizen.org/p/dia/action/public/?action_KEY=9386
