I used to think any big dismantle job of the mega banks was impossible — both for political and structural reasons. Now I’m not so sure of that. All we need is one more dip in the economy and pols willing to whip up “trust busting” fervor, and I think we might get there.
Funny thing is, I think there are some segments of these ops — Merrill wedged under BAC for one — who would love to be trust-busted back to independence.
