Was Regulation Keeping U.S. Banks from Being Global Leaders?
Before the Citibank-Travelers deal--let's say, 5 years before that deal--if one were to look at the world's largest banks, a global list of the largest banks, the U.S. did not show well on that list. (I specifically remember, possibly in 1989, that Japanese banks were dominating the top 10 global banks, not Wall Street.)
Looking at the subject matter from this angle was the only thing that bothered me about this documentary.
Since then, has the U.S. financial institutions become more competitive globally?