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Are Big Banks in Trouble?

By John Maxfield - Apr 24, 2013 at 6:56PM

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A new effort by two senators is putting more pressure on the nation's biggest banks.

The opposition against "too big to fail" is about to take a big step forward. On Wednesday, a bill intended to end the perception that some banks fit this description was introduced in the Senate. But with strong opposition against the movement, there remains a question about whether it stands any chance of success. In the video below, Motley Fool contributor John Maxfield discusses the legislative effort and assesses its odds of winning.

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Stocks Mentioned

The Goldman Sachs Group, Inc. Stock Quote
The Goldman Sachs Group, Inc.
GS
$306.80 (-0.45%) $-1.40
Bank of America Corporation Stock Quote
Bank of America Corporation
BAC
$33.86 (-1.71%) $0.59
Citigroup Inc. Stock Quote
Citigroup Inc.
C
$49.75 (-0.06%) $0.03
JPMorgan Chase & Co. Stock Quote
JPMorgan Chase & Co.
JPM
$117.34 (-0.82%) $0.97
Wells Fargo & Company Stock Quote
Wells Fargo & Company
WFC
$41.67 (-0.79%) $0.33

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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