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Why the Brown-Vitter Bill Matters — Even if It Doesn't Pass

"The conventional wisdom is that the legislation introduced by Sens. David Vitter and Sherrod Brown to tackle "too big to fail" is dead on arrival, facing likely opposition from the Obama administration and the leadership of both political parties.

"But even if that's true — and it's almost certainly overstating the case to say the bill is DOA — the legislation is a significant threat to the largest institutions, both now and in the future."