Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Revel

Until you separate the Investment banks from Retail banks, Even Glass-Steagal isn’t going to make any difference.

The worst problems have come from US bank subsidiaries BASED IN LONDON, outside of the reach of US Law.


20 posted on 05/11/2012 9:01:55 PM PDT by tcrlaf (Election 2012: THE RAPTURE OF THE DEMOCRATS)
[ Post Reply | Private Reply | To 10 | View Replies ]


To: tcrlaf

Why are the US bank subsidiaries based in London the worst of the problems?


29 posted on 05/11/2012 9:29:40 PM PDT by Jack Hydrazine (It's the end of the world as we know it and I feel fine!)
[ Post Reply | Private Reply | To 20 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson