Financial Services Modernization

H.R. 1489: Return to Prudent Banking Act of 2011: Whining about GS is just a total waste of time. IF you don’t like the way GS presently operates then do something meaningful about it by getting HR 1489 enacted into law.

If anyone is actually interested in addressing the problems that have resulted from the integration of investment banks with commercial retail banks as was allowed as a result of the Gramm Leach Bliley Financial Services Modernization Act of 1999 and the concomitant repeal of much of the Glass Steagall Act of 1934, then I would strongly urge you to read and support HR 1489 which is pending in the House [...]

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H.R. 1489: Return to Prudent Banking Act of 2011: Whining about GS is just a total waste of time. IF you don’t like the way GS presently operates then do something meaningful about it by getting HR 1489 enacted into law.

Post of the Year, right here: “DEAR Uncle Sam Sucker_,”

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