Glass-Steagal

Big US Banks Make Laughable Excuses for Preserving Failed Universal Bank Model

Posted on April 14, 2017 by Yves Smith at Naked Capitalism In today’s lead story at the Financial Times, Big US banks defy calls that they should be broken up, American megabanks make clear that they don’t think much of the financial savvy of investors or the business press. In quarterly earning calls, bank analysts …

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Jeff Merkley, Oregon Senator Takes on the Banks

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Citi's Parsons Blames Glass-Steagall Repeal for Crisis

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT CUSTOMER SERVICE 520-405-1688 Editor’s Comment: So here we have one of the guys that was part of the team that overturned Glass-Steagal saying that their success led to the failure of our financial system. But then he says it is too late to …

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