House Proposal Would Allow Feds To Break Up Biggest Banks
A key House Democrat released on Wednesday his much-awaited proposal to end "too big to fail": Let the federal government break them apart.
Paul Kanjorski's amendment would give federal regulators the authority to force the country's biggest financial firms or those that pose the biggest risk to the financial system to sell assets or entire divisions.
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What is the legal status of the Sherman anti-trust laws? What effect do laws have if they are not enforced?