Tags » Glass-Steagall Act

The Hole dug by Wells Fargo Bank

Wow, what can I say about the chicanery at the Wells Fargo Bank! It is shocking us here in the States. Here’s one version of the fraud story as reported by… 522 more words


Despite early burn, Sanders ignites the crowd at first night of DNC

Comedian Sarah Silverman may have called out Sanders supporters early in the evening, but ultimately it was the Vermont senator himself who had the last laugh. 447 more words

Nightmare on Wall Street: Republicans & Democrats Agree on Reinstating Glass-Steagall Act

Source: Wolf Street, by Wolf Richter

I can already hear the sloshing sounds of money.

An amazing thing happened at the Republican Convention when some unexpected language showed up in the official 66-page… 362 more words

Propaganda, Fraud, And Outright Lies

Wall Street Angry that Trump Says Restore Glass-Steagall

by Eric Zuesse

On July 18th, Rob Nichols, the President of the American Bankers’ Association, which is controlled by the mega-banks, struck back against Republican Presidential candidate Donald Trump. 1,321 more words


Nightmare on Wall Street: Republicans & Democrats Agree on Reinstating Glass-Steagall Act, by Wolf Richter

SLL says get the government entirely out of banking—no deposit insurance, no central bank as lender of last resort, no too big to fail, no discretionary monetary policy, market-determined interest rates—and you won’t need to reinstate Glass-Steagall’s separation of commercial and investment banking. 564 more words


The Republicans' Plan To Break Up Big Banks Is Just Bizarre

While delegates at the Republican National Convention were being entertained by the ramblings of conservative luminaries as Scott Baio, Antonio Sabato Jr., and Melania Trump Monday night at Cleveland’s Quicken Loans center, the lobbyists, party bigwigs, and D.C. 998 more words


Why Are Bankers Rich?

The title should probably be “why do we expect banker’s to be rich?” but brevity is something I am working on.

When I was a youngin’ my communities bankers were, well, prominent people. 540 more words