GAO to look at too big to fail


It's been years since the financial crisis ended, and there's relief in sight to the too big to fail debate. The GAO will now take a look at the "economic benefit" banks such as JPMorgan Chase, Bank of America and Citigroup enjoy as result of their de facto too big to fail status. While there are new provisions in place to wind banks down without taxpayer assistance, there are many skeptics who think that government aid would be inevitable all over again. Article