13 Bankers

This book convincingly argues that banks that are to big to fail should not be tolerated. They have no incentive to control their risks and their political power is too big. They should be broken up into smaller pieces. For instance, one could forbid an institution to be both, a saving bank and an invenstment bank. It might be wise to put a limit to the size of a bank, said limit could be higher (e.g. twice higher) for a saving bank (less risky) than for an investment bank (more risky).