Archive for November, 2009|Monthly archive page

On Glass-Steagall

In Uncategorized on November 9, 2009 at 15:08

After reading the following quote I am quite pessimistic about the current regulation efforts. From Rolfe-Winkler:

Glass-Steagall, for example, was a great piece of legislation that protected us from the worst excesses of banking. But it took a Depression to deliver it.