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This petition is no longer active.
76-100 of 32990 signatures
Number Date Name Add a Comment
32915 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.
32914 Tue Apr 08 23:55:59 EDT 2014 Joey Decunha
32913 Tue Apr 08 23:02:35 EDT 2014 Anonymous But really...
32912 Tue Apr 08 21:55:40 EDT 2014 Pete ...
32911 Tue Apr 08 21:22:18 EDT 2014 Anonymous
32910 Tue Apr 08 21:19:35 EDT 2014 Anonymous
32909 Tue Apr 08 20:50:22 EDT 2014 Anonymous Break them UP! NO MORE BAIL OUTS!!!
32908 Tue Apr 08 20:00:17 EDT 2014 Anonymous
32907 Tue Apr 08 20:00:10 EDT 2014 Anonymous
32906 Tue Apr 08 19:40:49 EDT 2014 Anonymous
32905 Mon Apr 07 19:43:19 EDT 2014 Rick Hart
32904 Mon Apr 07 04:22:48 EDT 2014 Susan Brown
32903 Sun Apr 06 19:03:57 EDT 2014 Jennifer Sprague
32902 Sun Apr 06 11:41:12 EDT 2014 Jenn
32901 Sat Apr 05 00:34:08 EDT 2014 Misty Breaux
32900 Mon Mar 31 19:23:28 EDT 2014 Anonymous
32899 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....
32898 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.
32897 Sat Mar 01 22:59:55 EST 2014 Steven Benson
32896 Tue Feb 25 23:19:31 EST 2014 Anonymous
32895 Mon Feb 24 09:34:32 EST 2014 Susan Sanocki
32894 Mon Feb 24 09:34:31 EST 2014 Susan Sanocki
32893 Mon Feb 24 09:34:29 EST 2014 Susan Sanocki
32892 Mon Feb 24 09:34:28 EST 2014 Susan Sanocki
32891 Mon Feb 24 09:34:27 EST 2014 Susan Sanocki
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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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