'Too big to fail' became the signature line of the financial crisis. Five years after the crash, many big financial firms are only bigger. But one has decided it's time to shrink.
Federal regulators have identified two companies, insurer AIG and GE Capital, as 'systemically important' corporations and say that both will be subject to increased scrutiny.
Bank of America, bloated by national expansion and saddled with bad mortgages, is speeding up its plan to cut 30,000 jobs. The Wall Street Journal says the bank could reach its downsizing goal a year early.
