A message from "Friend of Bernie Sanders": I wanted to make sure that you saw Bernie’s CNN interview with Wolf Blitzer this week talking about Wall Street and the need to break up the huge financial institutions that dominate our economy. Here’s an excerpt:
Click here to watch Bernie on CNN's The Situation Room with Wolf Blitzer
Bernie believes that at a time when the six largest financial institutions have assets worth $9 trillion, which is the equivalent of two-thirds of the GDP of the United States, and when the top six banks provide half of the mortgages in America and over two-thirds of the credit cards, it is clearly time to break them up.
Adding insult to injury, Jamie Dimon, the CEO of JP Morgan Chase who recently presided over a $2 billion “goof," sits on the Board of the New York Federal Reserve, which is charged with regulating the banks. Bernie will be introducing legislation next week to end this “fox guarding the hen house” situation.
Just wanted to keep you up to date on Bernie’s work taking on Wall Street.
Thanks for your support and for all you do.
Ben Eisenberg
Friends of Bernie Sanders
Click here to watch Bernie on CNN's The Situation Room with Wolf Blitzer
Bernie believes that at a time when the six largest financial institutions have assets worth $9 trillion, which is the equivalent of two-thirds of the GDP of the United States, and when the top six banks provide half of the mortgages in America and over two-thirds of the credit cards, it is clearly time to break them up.
Adding insult to injury, Jamie Dimon, the CEO of JP Morgan Chase who recently presided over a $2 billion “goof," sits on the Board of the New York Federal Reserve, which is charged with regulating the banks. Bernie will be introducing legislation next week to end this “fox guarding the hen house” situation.
Just wanted to keep you up to date on Bernie’s work taking on Wall Street.
Thanks for your support and for all you do.
Ben Eisenberg
Friends of Bernie Sanders
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