One way to assure that our economy is not held hostage to the fate of just a few behemoth organizations is to make sure that consumers have more than just a few large firms like Bank of America, Citigroup, JPMorgan Chase or Wells Fargo where they can place their money.
In Arkansas, known for the rich Fayettevile Shale reserve, a drilling moratorium on new injection wells has been established as scientists believe that the large number of earthquakes recorded in the region may been a result of fracking.
To support their thesis, Partnoy and Eisinger dissect the financial statements of Wells Fargo a bank considered a safer investment than peers because of its large mortgage business.