--- title: "Meaning & Key Takeaway of: No. It is not acceptable that the 6…" description: "\"No. It is not acceptable that the 6 largest financial institutions in this country have assets of almost 10 trillion dollars, and issue half of the mor..." image: "https://sms4smile.com/quotes/i/1ba/bernie-sanders-233_acceptable_no-it-is-not-acceptable-that-the-6-large_1410772.jpg" --- # No. It is not acceptable that the 6 largest financial… ![“No. It is not acceptable that the 6 largest financial institutions in this country have assets of almost 10 trillion dollars, and issue half of the mortgages and two-thirds of the credit cards. That is too much wealth and power in the hands of a few. If Teddy Roosevelt were alive today he'd tell…” quote by Bernie Sanders](https://sms4smile.com/quotes/i/1ba/bernie-sanders-233_acceptable_no-it-is-not-acceptable-that-the-6-large_1410772.jpg) [Download](https://sms4smile.com/quotes/i/1ba/bernie-sanders-233_acceptable_no-it-is-not-acceptable-that-the-6-large_1410772.jpg) [Open image](https://sms4smile.com/quotes/i/1ba/bernie-sanders-233_acceptable_no-it-is-not-acceptable-that-the-6-large_1410772.jpg) > “No. It is not acceptable that the 6 largest financial institutions in this country have assets of almost 10 trillion dollars, and issue half of the mortgages and two-thirds of the credit cards. That is too much wealth and power in the hands of a few. If Teddy Roosevelt were alive today he'd tell us to 'break them up.' And he'd be right. These huge banks must be broken up.” [Bernie Sanders](https://sms4smile.com/quotes/author/bernie-sanders/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Concentration of financial power in a few banks is dangerous; they should be split up to protect democracy. **In simple terms:** Too much banking power; break them up. Key Takeaway Support antitrust actions. Themes economics politics power regulation Mood concerned determined Type political activist When to use this quote - policy debates - legislative hearings - public protests Key Concepts antitrust wealth concentration Questions to Reflect On - Is breaking up banks the best solution? - What alternatives exist to curb power? A Different Perspective Opponents argue breaking up banks could destabilize markets. ★ ★ ★ ★ ★ No ratings yet [Alive](https://sms4smile.com/quotes/about/alive/) [Banks](https://sms4smile.com/quotes/about/banks/) [Country](https://sms4smile.com/quotes/about/country/) [Credit](https://sms4smile.com/quotes/about/credit/) [Dollars](https://sms4smile.com/quotes/about/dollars/) [Financial institutions](https://sms4smile.com/quotes/about/financial-institutions/) [Institutions](https://sms4smile.com/quotes/about/institutions/) [Issues](https://sms4smile.com/quotes/about/issues/) [Live for today](https://sms4smile.com/quotes/about/live-for-today/) [Money](https://sms4smile.com/quotes/about/money/) [Today](https://sms4smile.com/quotes/about/today/) [Wealth](https://sms4smile.com/quotes/about/wealth/) ## Related quotes > [We've had a number of economists supporting our legislation. And here's where we are. The American people can judge. Six largest financial institutions in…](https://sms4smile.com/quotes/bernie-sanders/we-ve-had-a-number-of-economists-supporting-our-legislation-and-here/) [Bernie Sanders](https://sms4smile.com/quotes/author/bernie-sanders/) > [Some of the largest financial institutions can build a profit model on tricking people.](https://sms4smile.com/quotes/elizabeth-warren/some-of-the-largest-financial-institutions-can-build-a-profit-model/) [Elizabeth Warren](https://sms4smile.com/quotes/author/elizabeth-warren/) > [Accountability for the largest financial institutions on Wall Street is the bedrock for a strong economy. 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They're giving up their citizenship. These great lovers of America who made their money in this country-when…](https://sms4smile.com/quotes/bernie-sanders/the-rich-people-are-apparently-leaving-america-they-re-giving-up/) [Bernie Sanders](https://sms4smile.com/quotes/author/bernie-sanders/) > [As the longest serving Independent in the history of the United States Congress, as somebody who came into office by defeating an incumbent Democratic…](https://sms4smile.com/quotes/bernie-sanders/as-the-longest-serving-independent-in-the-history-of-the-united/) [Bernie Sanders](https://sms4smile.com/quotes/author/bernie-sanders/) > [What Wall Street and credit card companies are doing is really not much different from what gangsters and loan sharks do who make predatory…](https://sms4smile.com/quotes/bernie-sanders/what-wall-street-and-credit-card-companies-are-doing-is-really-not/) [Bernie Sanders](https://sms4smile.com/quotes/author/bernie-sanders/) > [What we have got to do immediately is to say that racism and xenophobia is totally unacceptable and we will stand with the 1…](https://sms4smile.com/quotes/bernie-sanders/what-we-have-got-to-do-immediately-is-to-say-that-racism-and/) [Bernie Sanders](https://sms4smile.com/quotes/author/bernie-sanders/) > [In 1999, Hoffmann-LaRoche paid a $500 million criminal fine for leading a worldwide conspiracy to fix prices for certain vitamins.](https://sms4smile.com/quotes/bernie-sanders/in-1999-hoffmann-laroche-paid-a-500-million-criminal-fine-for-leading/) [Bernie Sanders](https://sms4smile.com/quotes/author/bernie-sanders/) > [We need a strategy. 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