Our nation's debt is literally indenturing our children to our international debt holders, but most Americans don't care because they are more concerned about the latest saga involving Snooki on Jersey Shore rather than what really matters, our country’s future.

Tuesday, September 13, 2011

How Banks Got Too Big to Fail | Mother Jones


The nation's 10 largest financial institutions hold 54 percent of our total financial assets; in 1990, they held 20 percent. In the meantime, the number of banks has dropped from more than 12,500 to about 8,000. Some major mergers and acquisitions over the past 20 years:
(Click on the chart for a larger view)


This chart is part of Mother Jones' coverage of the financial crisis, one year later.




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