Fifteen years ago, the combined assets of the six biggest banks in the United States totaled 17 percent of the GDP. By 2006, that number was 55 percent. Right now, it stands at 63 percent. This degree of market power brings with it not just antitrust concerns and a huge amount of economic risk -- but great political influence as well. The financial Godfathers' message is quite clear: If you cross us, we will bury you at the polls. Nothing in former Fed chairman Paul Volcker's new rules would change this relationship between Wall Street and Washington.
http://www.tnr.com/article/politics/shooting-banks
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