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The Big Banks Get Bigger

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TOO BIG TO FELL
"My column this week deals with the question of why the country’s biggest banks have gotten even bigger and more powerful as a result of the financial crisis," writes James Surowiecki in The New Yorker. "The simple answer is that the combination of a series of mergers in the industry and the disappearance of competitors like Lehman left those institutions that were still standing in much better shape than before."
SOURCE:   New Yorker

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