Now a branch of the federal reserve itself is calling for breaking up the huge banks.
"Capitalism requires government to enforce the rule of law. This requires maintaining a level playing field.The privatization of profits and socialization of losses is completely unacceptable.TBTF [too big to fail] undermines equal treatment, reinforcing the perception of a system tilted in favor of the rich and powerful."
You can see the full report here: http://dallasfed.org/fed/annual/index.cfm