Americans have a healthy respect for free market competition and are
resistant to government interference — even when they don't like what
the market is up to. For example, 69 percent of Americans believe that
large corporate executives are overpaid, but only 17 percent want the
government to regulate their pay.
In that context, it's remarkable that 50 percent of voters
nationwide favor a plan to break up our nation's megabanks. Just 23
percent are opposed.
There are more than 5,000 banks in the United States today, but 12
of them control 69 percent of the banking industry's total assets.
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