Are we subsidizing big banks over smaller, better competitors?

Big banks lent out money at higher interest rates during the credit crisis, even as they sucked up federal subsidies. The analysis by Dean Baker might just be a coincidence of the credit crunch, but it could also be a $34 billion subsidy to big banks at the expense of small ones.

NYTimes.com:"AMID all the talk about systemic risk regulators, consumer protection and other fixes to our fractured financial system, there is a troubling silence on what may be the single most important reform: how to rid ourselves of banks that are so big and interconnected that their very existence threatens the world"