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In Defense of Big Banks

Somebody had to write a book defending big banks. For years now, they have been the subject of nonstop attacks by Congress, regulators, state attorneys general, irate mortgage holders, and the press. So veteran banking analyst Richard X. Bove has stepped up to write Guardians of Prosperity: Why America Needs Big Banks,1 which demands an end to our reflexive ill will toward the likes of JPMorgan Chase, Wells Fargo, and Goldman Sachs.

via Roger Lowenstein Reviews Richard X. Bove’s Guardians of Prosperity | New Republic.

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