Question 3: Regulations that will make large banks easier to break up, separating their retail (deposits and lending) business from their wholesale (investment banking) operations, are sensible to the extent they: a. Will make large banks less able to use cheap retail deposits to fund their trading business and take risks b. Will diminish an implicit taxpayer subsidy that supports banks that are too big to fail 0. Will benet retail clients e. g. through lower account fees and higher deposit rates since banks will be more protable and safer d. Will benet the bank shareholders since it will be easier to force banks' creditors, rather than shareholders, to foot the bill if a bank fails c. All of the above answers