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This petition is no longer active.
51-75 of 32990 signatures
Number Date Name Add a Comment
32940 Sat Jun 28 18:42:31 EDT 2014 nick chakos
32939 Fri Jun 06 11:57:23 EDT 2014 Cristina
32938 Sat May 31 22:44:18 EDT 2014 John Spangler
32937 Sat May 31 10:54:59 EDT 2014 Johanna Fritzke
32936 Tue May 27 16:24:10 EDT 2014 Donald Guillory
32935 Fri May 23 10:46:24 EDT 2014 Cynthia Marie Lippman
32934 Thu May 22 15:04:45 EDT 2014 fareed s
32933 Wed May 21 17:00:23 EDT 2014 Tiffany Garrity
32932 Wed May 21 16:38:36 EDT 2014 Charles Renn
32931 Sat May 03 19:00:30 EDT 2014 robert duguay
32930 Fri Apr 11 16:28:58 EDT 2014 Dianne Comini
32929 Fri Apr 11 15:26:54 EDT 2014 Elizabeth Greisz greisz REMEMBER MY NAME; This should make NATIONAL NEWS!!! I have MUCH FRAUD documentation against BOA that you would NOT beleive (239-390-9126). For EXAMPLE: My ELDERLY MOTHER was SUED for removing More....
32928 Wed Apr 09 08:14:40 EDT 2014 Anonymous 206 -->205I can think of several reasons to break this bank up. Any hardship incurred now will be much less severe the sooner this happens rather than waiting for a real disaster. We are done being ruled by bankers.
32927 Tue Apr 08 21:55:40 EDT 2014 Pete ...
32926 Tue Apr 08 21:19:35 EDT 2014 Anonymous
32925 Tue Apr 08 20:00:17 EDT 2014 Anonymous
32924 Mon Apr 07 19:43:19 EDT 2014 Rick Hart
32923 Mon Apr 07 04:22:48 EDT 2014 Susan Brown
32922 Sun Apr 06 19:03:57 EDT 2014 Jennifer Sprague
32921 Sun Apr 06 11:41:12 EDT 2014 Jenn
32920 Sat Apr 05 00:34:08 EDT 2014 Misty Breaux
32919 Mon Mar 31 19:23:28 EDT 2014 Anonymous
32918 Sat Mar 22 12:14:07 EDT 2014 Merry Lane-Hauser NO COMPANY SHOULD EVER BE ALLOWED TO BECOME "TO BIG TO FAIL!. We can not allow BIG BUSINESS to do what ever they want with our money. We allowed this to happened ounce: NOT AGAIN! Funny how that works, More....
32917 Thu Mar 20 14:16:31 EDT 2014 James Streip Can we strip all their employees of citizenship and imprison them somewhere awful? I would like to add that to the petition.
32916 Sat Mar 01 22:59:55 EST 2014 Steven Benson
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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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