I can go for that. Remove the government rules that made the big banks, and lete them float free in the market.

As usual, it boils down to the Federal Reserve, doesn't it? When you have a corrupt government, don't expect anything more than corrupt businesses grabbing for more, more,and more, legally or illegally with a wall of lawyers ready, willing and able to fight for their rights to be scoundrels. If the only way to achieve honesty in business is to break up the business, well, as Trump puts it, "sad."

Succinct and true, CBJ.

Very true. The big oil industry works quite well this way, still somewhat of a "wildcat" competition, with companies selling off and acquiring assets to stay afloat. Some companies wind up bankrupt, but there is no lack of other creative entrepreneurs to pick up the remains and get rich. That industry seems to be quite profitable and healthy, even with such a dynamic environment.

Excellent point. Nothing is "too big to fail." The basic tenets of Capitalism are quickly discarded the moment they don't fit the current agenda. And who are the people who do that? They are the ones who call themselves Capitalists. We are currently the shambles of a once great edifice with only the strongest parts of Capitalism still holding the tattered framework together.

Agree with you.
I looked for other articles online about this, but all were older than a few weeks. He hired a cabinet full of Wall Street toadies and sympathizers. Can't see them keeping any plans under wraps to allow success either. Well, unless it gives more power to Goldman Sachs by reining in the others. I think this is another case where the label placed on an action ("breaking up big banks" or "free trade bill") is really implementing the opposite thing.

The swamp is deep and wide. One president cant drain it all by himself.

There were timely audits done every year at Enron and they didn't uncover anything. I agree with the spirit of your post, but the corruption is so embedded in the financial system that an audit will be as effective as the investigation into Kennedy's assassination and the 911 attacks. It will result in another coverup because there is no one with any authority with a conscience in the entire system. At best a scapegoat will be picked, a claim to review, and revise, and the it will be business as usual. At least Nixon gave the appearance of respect for the office when he fell on his sword and resigned. There is nothing but evil sociopathy in the banking cartel.