How to Trade the 'Too-Big-to-Fail' Banks -- and How to Make Them Safer

Let's look at the issues affecting the "too-big-to-fail" banks and their stocks. Big banks have been getting bigger since Congress repealed the Glass-Steagall Act in 1999, allowing banks to become financial services supermarkets. The Glass-Steagall Act was enacted in 1933 following the Crash of 1929. It sought to resolve abuses that caused the stock market crash and began the Great Depression. During the eight years of economic boom that ended in a bust, the stock market became a bubble set to p...