beating the same old drum from the margins is the EASY part...
hillary clinton is the one who understands how things work and how to get things done!
Big banks are the bogeymen of the 2016 presidential campaign, even though the grinding recession they helped cause began nearly a decade ago and they’ve since paid more to the government in fines and interest than they got from taxpayers through the unpopular bailouts of 2008.
There’s no statute of limitations on outrage, however, which is why Democratic presidential candidate Bernie Sanders has been able to build a whole campaign around
a plan to break up the banks. Republican contender Ted Cruz says he wouldn’t save a big bank
even if it were about to collapse. And the biggest liability faced by Democrat Hillary Clinton may be her coziness with Wall Street, manifest in
copious campaign donations from financial firms, not to mention
several million dollars in fees she earned for speeches given to bank employees.
Sanders wants to separate banks’ traditional activities—taking deposits and issuing loans—from riskier activities in securities and capital markets, so that a bank could do one or the other, but not both. He may get his wish—without ever having to sign or back a bill. “Bernie doesn’t have to worry, because it’s going to happen by itself,” says Roy Smith, a former Goldman Sachs (
GS) partner who’s now a professor at New York University’s Stern School of Business. “In many ways, their long-term viability is in doubt, which will most likely cause them to break themselves up.”
The big banks will break themselves up before Bernie Sanders ever gets to it