Previously…
Submitted by Bapcha’s Stocks
AXP, American Express, Banking Collapse, Banking Collapse of 1933, Bernard Madoff, Bernie Madoff, FDIC, G-S, GLB, GLB Act, GS, Glass-Steagall, Goldman-Sachs, Gramm-Leach-Bliley, MS, Madoff, Morgan-Stanley, Reinstate Glass-Steagall, TARP, Uncategorized American Express, AXP, Banking Collapse, Banking Collapse of 1933, Bernard Madoff, Bernie Madoff, FDIC, G-S, Glass-Steagall, GLB, GLB Act, Goldman-Sachs, Gramm-Leach-Bliley, GS, Madoff, Morgan-Stanley, MS, Reinstate Glass-Steagall, TARP
The Gramm-Leach-Bliley [GLB] act repealed Glass-Steagall [G-S] - which was the law of the land here in the USA from 1933 to 1999. G-S created the FDIC, and prohibited large private banks - whose primary business is the investment business - from receiving deposits from the public. My Rx for America involves a dose of bitter medicine, and no money for bankers….
More on this topic (What’s this?)
“An Open Letter to the Western Banking Establishment” (naked capitalism, 1/30/09)
Paulson Overpaid by $78 Billion for TARP Bank Equity (naked capitalism, 2/5/09)
Martin Wolf shreds TARP 2 (Option ARMageddon, 2/10/09)
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February 17th, 2009 at 1:26 am
[...] Previously… | Biotech Stocks Blog [...]