And didn't leave thinking everyone is going to vote for Sanders. What exactly is he going to do if president with respect to the banks?

It's never clear which banks those are, or what "breaking them up" actually means, but it lets people who are angry and feel like they've lost control of their lives feel like they're taking charge of things again.

That we "regular folks" the tax payers, have no control over the events and Sanders channels this feel of impotency and rage.

One of the review that I read had this sentence: If you don’t clearly remember that Armageddon, take a minute to look at your retirement plan. I will wait until you stop crying.

Many wish that we let the financial institutes fail, but for many of us these are our savings, our retirement funds, our jobs. Our lives.

http://www.sanders.senate.gov/download/tbtfleg?inline=file

many thanks for trying

which means Glass-Steagall and breaking up the too big to fail banks.

"breaking up" mean? Legitimate question. If people don't like the "big banks," how does making a bunch of smaller ones matter? Hundreds (perhaps thousands?) of small banks and credit unions collapsed during the mortgage crisis.

can collapse the worlds economy? Legitimate question.

Bear Sterns and Lehman Brothers went under, and a lot of other investment banks suffered significant losses. WaMu and Countrywide also collapsed. Many small banks and credit unions collapsed. Those are facts. I'm just wondering what "breaking up the big banks" means and what it accomplishes.

...is so that if one institution fails it cannot bring down the whole economy.

This is not unprecedented. Many, many large companies and/or monopolies have been broken up in this country's history. Teddy Roosevelt, you may recall, was knows as a trust-buster.

It has nothing to do with "liking the big banks" or not. It has to do with governance, i.e. using the power of the government to ensure the orderly functioning of our economy and our society.

Yes, the government really does have the right to exert such power. It's just that, since Reagan took office, the ideas that he and his cronies put forward have taken hold to such an extent that people think government is always the problem and that so-called private enterprise is always right -- even when it becomes gargantuan and serves only to funnel money up from the bottom rungs to the super wealthy.

We really can do better. The bankers, trust me, will be just fine.

TARP was one of the best government interventions in recent memory.

http://www.pbs.org/newshour/making-sense/trillions-of-dollars-in-bank-b/

I've been wanting to see this.

and visually pleasing devices to break it all down. Highly recommended.

I thought it was an outstanding film.

http://www.forbes.com/sites/mikecollins/2015/07/14/the-big-bank-bailout/#3064ca013723

And the Big Short did NOT portray the borrowers fairly. But what the heck, the disgusting crooks have to have someone to blame.

The Special Inspector General for TARP summary of the bailout says that the total commitment of government is $16.8 trillion dollars with the $4.6 trillion already paid out. Yes, it was trillions not billions and the banks are now larger and still too big to fail. But it isn’t just the government bailout money that tells the story of the bailout. This is a story about lies, cheating, and a multi-faceted corruption which was often criminal.

Is a movie and is certainly isn't completely accurate, but how did it misrepresent the borrowers?

I think I misunderstood. Not sure that many borrowers were conned though. I took a home loan on 2006 (terrible timing) and made sure to read the paperwork and NOT take an ARM loan. The terms of every loan are in the paperwork.

We still have on the books anti trust laws that are more then suited to break up ginormous banks. It is in the power of the executive to start anti trust suits against the big wall street banks like Goldman Saks.

(if you haven't) Academy Award winner Inside Job
https://en.wikipedia.org/wiki/Inside_Job_(2010_film)



A more detailed, in depth look. Excellent- winner of Best Documentary, directors guild of America

Related: Iceland (Where Inside Job begins) jails corrupt bankers and forgives mortgage debt- but you won't hear about it in the US media

Iceland Jailed Bankers and Rejected Austerity—and It’s Been a Success

Instead of imposing devastating austerity measures and bailing out its banks, Iceland let its banks go bust and focused on social welfare policies. It has now repaid 85 percent of U.K. claims, and the Icelandic finance minister announced recently that all will be settled by the end of the year. http://www.commondreams.org/views/2015/06/12/iceland-jailed-bankers-and-rejected-austerity-and-its-been-success

... Sanders has his own bag of bad... its just different form of bad...