Banks are to big to fail has become mythology. Please read Bill Black of UMKC. He argues that on the eve of insolvency regulators can move in and take over the

Banks are to big to fail has become mythology. Please read Bill Black of UMKC. He argues that on the eve of insolvency regulators can move in and take over the bank on Friday, blowing out management and share holders while saving depositors, and re-open the bank under a different name on Monday. See Wachovia going over to Wells Fargo.