“So this is how liberty dies... with thunderous applause.”
Bush's remarks in New Hampshire may make him more progressive on the issue than Hillary Clinton.
Hillary and her #WallStreetDemocrats apparently believe that it is okay to continue to have financial institutions that are Too Big To Fail. Her plan is to always have enough complex rules and regulations in place to control their increasingly complex investment schemes.
We probably already know how the Republican and Democratic candidates will answer these questions, but it is always good to get their views on the record and let the public see where they stand. This is particularly important because, according the public opinion polls, Americans overwhelmingly support affirmative answers to these questions.
Democracy in America is on life support. If we don't soon rally en masse to its defense, corporate interests will pull the plug. Sanders is the only candidate to fully realize what's at stake, to tell the truth, and to articulate what WE, the People, must do.
Gorman did not specifically cite recent moves by the U.S. Department of Justice to prosecute banks on criminal charges. Gorman
The so-called Volcker Rule for policing (ha!) banking practices, approved by a huddle of federal regulating agency chiefs last week, is the latest joke that America has played on itself in what is becoming the greatest national self-punking exercise in world history.
Warren argued "Congress must act" if regulators won't end "too big to fail." "So what I want to know is this: how much longer
The former CEO of Citicorp, which merged with Travelers Insurance in 1998 to create the mega-bank Citigroup, told the Financial Times in an interview published Sunday that it's time to reinstate the Glass-Steagall Act.
Reed also argued his point in a 2009 letter to The New York Times, saying that separating commercial and investment banking
Is Larry Summers smart? Maybe, given that he became one of the youngest tenured professors at Harvard at age 28. But so what?
Ordinary people are still just important to being the driving force for free market discipline today as they were in 2009. You can never have too much transparency when looking at "boring banks."