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Message: Increased Control by U.S. Banks - also increased RISK for the little guy!

Increased Control by U.S. Banks - also increased RISK for the little guy!

posted on Dec 02, 2009 07:31AM

The five biggest U.S. lenders -- Bank of America Corp., JPMorgan Chase & Co., Citigroup Inc., Wells Fargo & Co. and Goldman Sachs Group Inc. -- held $8.3 trillion in assets as of Sept. 30, an amount equal to about 60 percent of GDP and more than three times the $2.5 trillion in assets held by the top five financial companies in 1999.

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