
Well wasn't this a depressing read. The sub-title is, "The Wall Street Takeover and the Next Financial Meltdown."
The bottom line is, too big to fail is a bad notion. Financial institutions should be limited in size so that any one of them might be allowed to fail.
I resonate with this in the sense that my friends who are small business owners don't have any safety net - why should a massive bank? So, if they're too big to fail, they're too big.
Why depressing? It described how we got here, and there's really no expectation for any meaningful change.