Source for the "37 to 4 in 20 years" thread yesterday.

[KansDem]

Some DUers wanted to know the source for the graphic.

It's from the January/February, 2010 issue of MotherJones:

How Banks Got Too Big to Fail

The nation's 10 largest financial institutions hold 54 percent of our total financial assets; in 1990, they held 20 percent. In the meantime, the number of banks has dropped from more than 12,500 to about 8,000. Some major mergers and acquisitions over the past 20 years:

(Click on the chart for a larger view)

Mother Jones: January/February, 2010

Not much text but it appears to be part of a larger overview of how we arrived at our current economic situation...

Check this one out:


Looks like the boom started right around 1980.

Hmmmmm...1980?...1980?... ...now why does that year sound so familiar?

edited to add "2010" above...

[pansypoo53219]

1. the bookends of financial crap.

reagan + georgee.