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Investments => Financial Markets and the economy => Topic started by: Denny Crane on January 30, 2012, 11:18:26 am

Title: Break up of big institutions is happening in the US
Post by: Denny Crane on January 30, 2012, 11:18:26 am

Currently there is a bill to split up the larger institutions.
Standard Oil has already been split and McGraw-Hill and Kraft are also being considered.
It is not inconceivable that some big financial institutions such as Citigroup and Bank of America could also be split up in the future.

Regulators now have new powers to order diversities of large companies under the Dodd-Frank financial reform law.

Title: Re: Break up of big institutions is happening in the US
Post by: The Prophet on January 30, 2012, 11:28:11 am

At least the US is trying to do something to charge the current situation.
Until income inequality is tackled, world economies will not recover.