Forum Post: Too Big To Fail - a broken government model

Seems like the movement is looking for a focus to make specific demands/message/change. I'll give you one: Too big to fail is a broken government model to regulate Wall Street.

Don't blame Wall Street for their greed. That's human nature and something you can't change unless you change the repercussions of their actions.

With no downside to their reckless investment products, there's no reason for them not to continue thinking up more of them. Why not? They make millions of dollars whether they're viable or not. CDO's, CDS's, invented products created to make Wall Street tons of money at our expense. And we're still suffering 3 years later from the 'our expense' result.

Let them fail, let them go broke, let others pick up the pieces to create long-term viable business models and that would be old school American Business.

Now go talk to the Secretary of the Treasure, Chairman of the Fed and Congress/ Senate and send the message too big to fail is no longer acceptable.

Just read The Big Short or The End of Wall Street to get a glimpse of the behind the scenes actions of the Treasury and the Fed and how they not the solution, but a big part of the problem.

If that got traction and a few of the chosen fell (more then just Lehman Brothers), now that would bring about some change on Wall Street!