Financial Sector Now Greater Share of Economy Than Prior to Economic Crisis (for 12/19/11)

Compared to 2006, the financial sector now has an 8.4% share of U.S. GDP and is a bigger part of the economy as a whole. Big Banks's bad risky investments led to the 2008 TARP taxpayer bailout, high unemployment, and plunging real estate values. Their lobbying on Capitol Hill has also stirred public outrage. http://www.huffingtonpost.com/2011/12/15/financial-sector-economy_n_1151058.html?ref=financial-reform