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This petition is no longer active.
201-225 of 32990 signatures
Number Date Name Add a Comment
32790 Wed May 08 14:48:38 EDT 2013 Monica Leavitt
32789 Mon May 06 22:09:59 EDT 2013 Marshall Morper Banks do not help the community. They are leeches sucking money they do not earn from HARD WORKING PEOPLE.
32788 Mon May 06 21:27:39 EDT 2013 Josh Mercado
32787 Mon May 06 18:11:40 EDT 2013 Thomas Fowler Yes I support this idea, something needs to be done to give
these crooks an ass-kicking.
32786 Mon May 06 18:11:32 EDT 2013 Thomas Fowler Yes I support this idea, something needs to be done to give
these crooks an ass-kicking.
32785 Mon May 06 16:55:23 EDT 2013 diane Ostrowski
32784 Sat May 04 21:45:39 EDT 2013 Doug Busch
32783 Fri May 03 20:04:58 EDT 2013 Donna Still
32782 Thu May 02 18:55:17 EDT 2013 Anonymous i had to send the mail back that was refused at ACLU President, a gray unmarked Federal Car Pulled toward me on Stone Canyon young female was smiling as he let her out of the car. he did not have tax-exempt More....
32781 Fri Apr 26 18:06:48 EDT 2013 Ilse Funk
32780 Fri Apr 26 11:20:26 EDT 2013 Mary Mather
32779 Fri Apr 26 07:12:06 EDT 2013 Steven Whitney
32778 Tue Apr 23 23:08:43 EDT 2013 ryan hebert
32777 Tue Apr 23 13:44:52 EDT 2013 Jon Nelson
32776 Mon Apr 22 19:34:05 EDT 2013 Catherine
32775 Mon Apr 22 16:28:34 EDT 2013 Gay Hopper
32774 Mon Apr 22 15:03:18 EDT 2013 Jaime Barnes
32773 Mon Apr 22 14:46:34 EDT 2013 Judith Linker
32772 Mon Apr 22 14:46:34 EDT 2013 Judith Linker
32771 Mon Apr 22 08:43:17 EDT 2013 Will Johnson
32770 Mon Apr 22 01:46:59 EDT 2013 Landry Corkery
32769 Sun Apr 21 23:56:19 EDT 2013 Martha Bushnell
32768 Sun Apr 21 21:37:36 EDT 2013 Angelika Roll
32767 Sun Apr 21 18:33:25 EDT 2013 art Johnson
32766 Sun Apr 21 16:21:35 EDT 2013 Jeffrey McCollim http://truth-out.org/news/item/15641-winner-takes-all-the-super-priority-status-of-derivatives
Do we dare hear the flush
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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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