Tags » Glass-Steagall Act

In Defense of Glass-Steagall Act

The Volcker rule, named for former Federal Reserve Chairman Paul Volcker, attempts to modernize the Glass-Steagall firewall between commercial and investment banks for the 21st century.

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Banks still trump citizens in the minds of regulators

The Dodd-Frank Wall Street Reform and Consumer Protection Act turned five this week. The bill did not eliminate bad actors. But as economist Dean Baker explained in a… 1,280 more words


A new Glass-Steagall for banks: One giant step for Congress, one small step for us all

It looks like corporate governance just might be a hot topic for the Democratic presidential primary debates. Who’d have guessed?

Senators Elizabeth Warren, John McCain, Maria Cantwell, and Angus King have proposed a new Glass-Steagall bill. 1,105 more words



A bipartisan handful of law makers have proposed a reinstatement of the Glass-Steagall Act, as a protection for taxpayers and to prevent financial institutions from becoming “too big to fail.” 194 more words

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Humpty Dumpty had a great fall even though there wasn’t a Wall!

During the video The Warning, there were references to:

the demise of Lehman Brothers http://www.pbs.org/wgbh/pages/frontline/meltdown/themes/lehman.html

Procter & Gamble suing Bankers Trust for selling P&G toxic derivatives… 277 more words


O'Malley Says Nation Needs Tougher Oversight Of Wall Street

WASHINGTON (AP) — Democrat Martin O’Malley is making tougher oversight of Wall Street a centerpiece of his presidential campaign, outlining steps to bring more regulations to large banks and tax high-frequency trading. 208 more words