Photograph: Jacquelyn Martin/AP
Elizabeth Warren challenges Obama to break up 'too-big-to-fail' Wall St banksSenator Elizabeth Warren cemented her growing reputation as a darling of the political left on Tuesday with a wide-ranging speech challenging the Obama administration to take on Wall Street and break up its biggest banks.
Amid renewed speculation that she might challenge Hillary Clinton for the 2016 Democratic nomination, Warren appeared at a congressional event to attack regulators for failing to tackle the problem of financial institutions that are "too big to fail".
"We have got to get back to running this country for American families, not for its largest financial institutions," said Warren, who said the issue was an indictment of how little had changed since the 2008 banking crash.
The four biggest Wall Street banks are 30% larger than before the financial crisis, she said, while the five biggest institutions hold more than half the bank assets in the country.
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JG: Wall Street banks are run by fanatical and greedy capitalists. They only care about MONEY and not the American people. It is now time to star considering NATIONALIZING the top five banks.
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