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To: buckalfa

Absolutely! The repeal of Glass-Stegall allowed investment banks to gamble with their depositers money.


15 posted on 07/06/2019 9:16:18 AM PDT by Jimmy Valentine (DemocRATS - when they speak, they lie; when they are silent, they are stealing the American Dream)
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To: Jimmy Valentine

Glass-Stegall nor Dodd-Frank had very little if anything to do with this....besides the investment banking loses the big thing killing Deutsche Bank is their non-performing loans in Europe which are not governed by either law...

they have sovereign debts and debts to the private sector that are non-performing which they have not written off....that is the cause of most of this...


16 posted on 07/06/2019 9:55:59 AM PDT by srmanuel
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