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Tag Archives: Glass-Steagall
Top Hedge Fund Manager Earned as Much in One Hour as the Median Family Earned in 47 Years
Les Leopold puts inequality into a perspective most people will understand (except the inequality deniers): • “In 2010, the top hedge fund manager earned as much in one HOUR as the average (median) family earned in 47 YEARS. • The top 25 … Continue reading
Resources on “Too Big to Fail” Banks
Banks are an important asset for our capitalist economy. In fact it can be argued that a healthy and thriving banking system is at the core of a robust, growing economy. On the other hand, the Great Recession has taught … Continue reading
Posted in Economy, Government
Tagged banks, Basel III, capitalism., consumer protection agency, deregulation, derivatives, Dodd-Frank, economic growth, economy, FBI, Federal Reserve System, financial firms, foreclosure, fraud, Glass-Steagall, housing, investment banking, LIBOR, mortgages, offshore, recession, regulations, TARP, taxes, too big to fail, Wall Street
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The Relationship between Regulations, Failed or Assisted Banks and S&Ls
The relationship between regulations, failed or assisted banks and S&Ls Also, credit to Marilynn Baker.
Posted in Economy, Government
Tagged assisted banks, banks, failed banks, FDIC, Glass-Steagall, recession, regulations, S&Ls
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Former Citigroup Chairman: Separate Investment Banking from Banking
Guess who’s added his name to the growing list of notable people suggesting that investment banking needs to be separated from banking? No less than former Citigroup Chairman and CEO Sanford Weill this morning on CNBC’s “The Squawk Box.” “What … Continue reading
Posted in Economy, Government
Tagged banks, break up, economy, Glass-Steagall, investment banking, risk, taxpayers, too big to fail, Volcker Rule
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