Is it possible that without proper regulation banks and financial institutions will repeat mistakes of the past and once again become "too big to fail" forcing taxpayers to bail them out? Recently, FDIC Chairman, Sheila C. Bair, delivered an Industry Briefing to TOWN HALL in which she provided her insights on how to prevent the mistakes from recurring. Among other solutions, she proposed breaking-up the banks before they get too big. This week's Vault takes listeners to 1979 when the Chairman and CEO of Wells Fargo, Richard Cooley, spoke about providing mortgages to low-income households. The Vault then travels to 1984 with Leonard Weil, President and CEO of Mitsui Manufacturing Bank, who declares that regulatory controls must be adoptive to keep banks from entering into speculative activities that make them "too big to fail." Host Judy Muller, discusses the future of banking industry regulations with MIT Sloan School of Management Professor, Simon Johnson. Finally, we hear about the resilience of small local banks with CEO of Pacific Commerce Bank, Bryan Kelley. If you're concerned about the security of your bank and our economy, don't miss this episode of TOWN HALL Journal.