Glass Steagall is not the only issue.
By Daniel at 2 February, 2010, 5:55 pm
--------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------
If there were serious reforms to the “shadow banking” industry…we’d have avoided much of the mess we’re in now.
The reality is that the major Evildoers are now “banks”…so Bank Reforms…serious ones…are a the applicable remedy.
Eliminate the “shadow bank” system…bring ‘em all under a regulated Bank structure…clip their wings and make them act like adults.
They hosed all of us…they came begging for our money…can’t have it both ways.
We, as a Nation, can never let what has transpired happen EVER again.
- ArtG
--------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------
Related Posts:
Categories :
Market Outlook
No comments yet.