Re-enact the Glass-Steagall Act

I was really encouraged the other day when I saw an article in the Financial Times reporting that Sandy Weill, former Chairman and CEO of Citigroup commented in a CNBC interview that the big banks should be broken up and that investment banking should be separated from banking.  Hoorah! First let me say that I … Read more

Share

We Need More Financial Sector Regulation

I read an editorial in The Economist about the recent “Occupy Wall Street” movement.  I find it interesting that the author took the liberty of editorializing about several symptoms of the 2008 financial crises without adequately addressing the cause. The author talks about the need for more economic stimulus to get people back to work … Read more

Share