Business

The History of Banking—or, a New Meaning for Too Big to Fail

Big fish eat little fish. Bigger fish...

By James Fallows
I am not sure exactly where This chart came from Mother Jones* last year, (and will report when I find out), but and as best I can tell the information behind it is true. Worth reflecting on -- and you can click for larger:
big-bank-theory-chart-large.jpg


*Thanks for the quick catch by reader GAD and others. And thanks to reader QC for saying that he used TinEye to find the original -- a tool I hadn't been aware of.

About the Author

James Fallows is a contributing writer at The Atlantic and author of the newsletter Breaking the News.