Andy

July 11, 2013

Elizabeth Warren Hits Big Banks Where It Hurts- New Bill Would Restore Glass-Steagall

Remember that one time we had The Great Depression and everybody said: 'Wow that sucked. Maybe people's checking and savings shouldn't be mixed into the casino called the stock market?' And for a while things were stable. Then Clinton and Congress did away with that law and we got to where we are now. Our girl is back with a vengeance:

Elizabeth Warren Hits Big Banks Where It Hurts- New Bill Would Restore Glass-Steagall

The 21st Century Glass Steagall Act would break up big banks by separating traditional retail banking (checking- savings) from riskier banking activities.