Too Big to Fail = Too Big to Exist

Watch the Video, Then Sign the Petition to Break Up Bank of America


Petition to Financial Regulators:

We, the undersigned, call on the Board of Governors of the Federal Reserve System and the Financial Stability Oversight Council to break up Bank of America. Under section 121 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, you have the authority to break up “too big to fail” banks into smaller, simpler and safer institutions.

If Bank of America in its current form were to fail, it would devastate the U.S. economy. You must act preemptively to make sure that never happens. We cannot wait and find out whether another financial crisis strikes. If that happens, it will be too late to act.

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1-25 of 32990 signatures
Number Date Name Add a Comment
32990 Sun Apr 09 23:40:11 EDT 2017 Kenneth Barnes
32989 Mon Mar 06 22:47:21 EST 2017 Anonymous Too big to fail is TOO BIG!
32988 Fri Oct 14 18:49:53 EDT 2016 Bruce Josephson Are at the top of the list of irresponsible banks, and now bringing fees to the poorest Americans
32987 Tue Aug 30 19:19:48 EDT 2016 Lorraine Dumas
32986 Tue Aug 30 16:42:34 EDT 2016 Frances Chiu Too big to fail= too big to flush
32985 Tue Aug 30 16:19:07 EDT 2016 Victoria Kingsbury We should not have to plead with anyone to have banks follow the law, and stop raping people.
32984 Sun Aug 07 15:22:45 EDT 2016 Kevin Hacker
32983 Mon Aug 01 15:55:34 EDT 2016 Anonymous It's absolutely terrifying that they are bigger now than in 2007!
32982 Sat Jul 30 11:10:25 EDT 2016 David Hawla Too big to fail = too big to exist
32981 Thu Jul 21 12:47:22 EDT 2016 Jason
32980 Mon Jul 18 15:54:50 EDT 2016 Anonymous Any business, "too big to fail", is correctly called a monopoly and illegal
32979 Sun Jul 03 16:18:11 EDT 2016 Lois Jennings
32978 Tue Jun 14 08:32:13 EDT 2016 tammy tarman
32977 Sat Jun 11 23:52:58 EDT 2016 Val Ayres Without using the rules and reforms at your disposal,to break up the too big to fail banks; you will be complicit/responsible for the next financial crisis! Is it possible for financial regulators to do More....
32976 Sun Jun 05 10:14:24 EDT 2016 Michael Pappas
32975 Sat Jun 04 19:50:33 EDT 2016 Anonymous Lets correct former Bill Clinton's sell-out to banks. Restore the 1933 FDR bank regulation that Clinton destroyed.
32974 Mon May 02 13:12:50 EDT 2016 Joseph A. Pancottini
32973 Mon May 02 13:11:43 EDT 2016 Wendy Pancottini
32972 Mon May 02 13:10:36 EDT 2016 Joseph R. Pancottini Bank ownership should and will be public, regardless of Bernie Sanders.
32971 Sun Apr 10 15:22:22 EDT 2016 TROY ABRAHAM If a bank is to big to fail or pay its share of taxes it's to big to exist.
32970 Sun Apr 10 09:52:05 EDT 2016 Michael Sandifer
32969 Tue Apr 05 14:07:40 EDT 2016 Anonymous
32968 Tue Mar 15 14:25:56 EDT 2016 peggy henry
32967 Wed Mar 02 14:15:08 EST 2016 paul angelopulo And that's only the beginning.
32966 Fri Feb 05 14:08:02 EST 2016 Robert Welch Break up B of A, and that applies also to 3 other too-big-to-fail banks: Wells Fargo, JP Morgan Chase and Citibank
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Why We Must Act

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. Its assets are equal to roughly one-seventh of the U.S. gross domestic product. If Bank of America goes down, a sizable chunk of our economy will go down with it.

Federal financial regulators have the authority to break up dangerous “too big to fail” banks into smaller, simpler and safer institutions — institutions that won’t tank our economy if they go bust. 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.

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