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

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.

This article available online at:

http://www.theatlantic.com/business/archive/2011/10/the-history-of-banking-or-a-new-meaning-for-too-big-to-fail/246159/