Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

1 Great New Perk for Too-Big-to-Fail Banks: Bank of America Corp (BAC), Goldman Sachs Group, Inc. (GS), JPMorgan Chase & Co. (JPM)

Not bad, but the worst part is that without this subsidy, banks like B of A and Citi would make essentially no profit, and other banks, like JPMorgan Chase & Co. (NYSE:JPM) and Goldman Sachs Group, Inc. (NYSE:GS), would make a much teensier one. Wells Fargo, possibly because of its gung-ho mortgage business, would fare a bit better.

TBTF banks: Here to stay?

Is it likely that the calls to break up the banks will be heeded? Probably not, even though it seems as if their ability to bring down the whole house of cards is an outsized threat that needs addressing. Even conservative columnist George Will has pointed out how dangerous it is to have the five biggest banks holding more than half of all bank assets.

For now, at least, it’s great to be TBTF. And every day, it’s getting better.

The article 1 Great New Perk for Too-Big-to-Fail Banks originally appeared on Fool.com and is written by Amanda Alix.

Fool contributor Amanda Alix has no position in any stocks mentioned. The Motley Fool recommends Goldman Sachs and Wells Fargo. The Motley Fool owns shares of Bank of America, Citigroup, JPMorgan Chase, and Wells Fargo.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.