Detailed text transcripts for TV channel - MSNBC - 20120515:08:10:00
Record high. here is what the dow jones industrial average was when president obama took office in january of 2009. where is it now? oh, right. in terms of that whole too big to fail thing. before the crash you used to have a bunch of banks like jpmorgan chase and bear stern. after the crash you have jpmorgan buying those two banks just eating them up to form one super bank. the top five banks are bigger than they were before the crash. 13% bigger. financial power is more concentrated in the hand offense a few large firms before the disastrous collapse. they are bigger institutions when they w...