As President Barack Obama enters his final three months, he leaves behind unfinished business: what to do about the fact that large financial firms are still too big to fail and thus exempt from free market rules of success and failure. A current court case is the latest evidence.
The case concerns the Dodd-Frank Wall Street Reform and Consumer Protection Act, which Obama signed into law nearly six and a half years ago. One of the law's main goals was to ensure that taxpayers never again have to bail out investors in banks, insurers or other large financial firms.
