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.

This petition is no longer active.
151-175 of 32990 signatures
Number Date Name Add a Comment
32840 Tue Oct 22 20:58:00 EDT 2013 Lynne Banta
32839 Tue Oct 22 04:30:27 EDT 2013 michael boshears
32838 Sun Oct 20 20:40:37 EDT 2013 Lee Vowel
32837 Sat Oct 19 22:52:06 EDT 2013 Carter Beckett
32836 Fri Oct 18 12:26:13 EDT 2013 Anonymous
32835 Fri Oct 18 11:27:57 EDT 2013 Jon Nelson
32834 Mon Oct 14 23:26:25 EDT 2013 Lori Weber
32833 Mon Oct 14 13:10:53 EDT 2013 Michelle Stern
32832 Mon Oct 14 00:42:25 EDT 2013 Arline DeMaio
32831 Tue Oct 08 10:34:30 EDT 2013 Anonymous
32830 Fri Oct 04 10:41:03 EDT 2013 Corey Booth
32829 Thu Oct 03 00:14:22 EDT 2013 Sophia Bicoy
32828 Mon Sep 30 23:29:19 EDT 2013 gloria stanco we the people need to reclaim our country
32827 Wed Sep 25 15:23:34 EDT 2013 david young END FASCISM !!!

there is NOTHING more Fascist then Tax Payers bailing out Corporations and Banks!!
Absolutely NOTHING!!!!
32826 Tue Sep 24 21:51:11 EDT 2013 Christopher Semancik
32825 Mon Sep 23 23:53:25 EDT 2013 DONALD PIER
32824 Mon Sep 23 21:41:32 EDT 2013 Fred Davidson They have been trying to steal my home for over 2 years because they took a rescinded loan from Countrywide and claim it is good even though no funds were EVER received.
32823 Mon Sep 23 20:59:18 EDT 2013 Anonymous
32822 Sun Sep 22 17:00:04 EDT 2013 Elissa Seeman
32821 Sat Sep 14 16:19:52 EDT 2013 Terry Gruzebeck
32820 Fri Sep 13 21:31:43 EDT 2013 JOHN C. RUSSO
32819 Fri Sep 13 16:10:42 EDT 2013 Lynne Banta
32818 Sat Aug 31 16:20:12 EDT 2013 Lynne Banta
32817 Sat Aug 24 12:50:45 EDT 2013 Bruce Hlodnicki
32816 Wed Aug 21 15:49:49 EDT 2013 Lynne Banta
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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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