has summarized an interesting proposal from one of the forgotten Republicans, Ambassador Huntsmen (R-UT) that would prevent too big to fail from ever happening again and do so by mostly relying on existing market forces. A combination of sound regulations built into the rules government financial markets, taxes and fines to big banks that get too big or start spending erratically. End to all corporate welfare for the tbtf banks, and extending more corporate welfare to shore up small banks and businesses. Anyway its an interesting idea and fruitful for discussion. Enjoy!
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