2012-04-12 — huffingtonpost.com
If you think American banks are too big to fail now, you should have seen them 200 years ago.
Banks dominated the American corporate landscape in 1812, according to a study by professors Richard Sylla of New York University and Robert Wright, of Augustana College in South Dakota, for Bloomberg View. The professors reconstructed what the Fortune 500 would have looked like 200 years ago and found that banking and insurance dominated Corporate America in its infancy.
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