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monopolies are bad right? Bust 'em up. I think Obama may be as bought-and-paid-for by wall st interests ,as all repub Presidents, in recent memory have beenThe Federal Deposit Insurance Corp. said October blueprints submitted by banks, including JPMorgan Chase, Goldman Sachs and Bank of America, detailing how they think they'd be resolved in bankruptcy if they neared collapse were "not credible." The Federal Reserve, another bank regulator, said the so-called living wills need significant improvement by July 2015 or the government may force them to shrink.
"Each plan being discussed today is deficient and fails to convincingly demonstrate how, in failure, any one of these firms could overcome obstacles to entering bankruptcy without precipitating a financial crisis," Thomas Hoenig, FDIC vice chairman, said in a statement. "Despite the thousands of pages of material these firms submitted, the plans provide no credible or clear path through bankruptcy that doesn't require unrealistic assumptions and direct or indirect public support."
Didnt US pass greek style bail-in bill ...your money is now their money...... I'm surprised they have any customers left.
]monopolies are bad right?
destroying the value of the dollar in the process.
low-IQ posters, like EdwardBaiamonte, are not welcome in this discussion
As to the OP, we can thank Repubs for guaranteeing that banks hold sway over Capital Hill due to Gingrich, Citizens United, & other initiatives they've undertaken to keep big money in politics
and yet libs have done nothing to try to fix what they are the problems....didnt throw any bankers in jail.....levied minimal fines instead which bankers paid with taxpayer dollars.low-IQ posters, like EdwardBaiamonte, are not welcome in this discussion
As to the OP, we can thank Repubs for guaranteeing that banks hold sway over Capital Hill due to Gingrich, Citizens United, & other initiatives they've undertaken to keep big money in politics
and yet libs have done nothing to try to fix what they are the problems....didnt throw any bankers in jail.....levied minimal fines instead which bankers paid with taxpayer dollars.low-IQ posters, like EdwardBaiamonte, are not welcome in this discussion
As to the OP, we can thank Repubs for guaranteeing that banks hold sway over Capital Hill due to Gingrich, Citizens United, & other initiatives they've undertaken to keep big money in politics
Dodd-Frank took on some of the problems with Wall Street, and on that end, financial regulation is somewhat better. But I agree that Eric Holder has been less than stellar in prosecuting banks and their executives, and hasn't had the courage to bring anti-trust suits against some huge players.'Too Big To Fail' Lives As Regulators Slam Banks' Living Wills
(snip)
monopolies are bad right? Bust 'em up. I think Obama may be as bought-and-paid-for by wall st interests ,as all repub Presidents, in recent memory have beenThe Federal Deposit Insurance Corp. said October blueprints submitted by banks, including JPMorgan Chase, Goldman Sachs and Bank of America, detailing how they think they'd be resolved in bankruptcy if they neared collapse were "not credible." The Federal Reserve, another bank regulator, said the so-called living wills need significant improvement by July 2015 or the government may force them to shrink.
"Each plan being discussed today is deficient and fails to convincingly demonstrate how, in failure, any one of these firms could overcome obstacles to entering bankruptcy without precipitating a financial crisis," Thomas Hoenig, FDIC vice chairman, said in a statement. "Despite the thousands of pages of material these firms submitted, the plans provide no credible or clear path through bankruptcy that doesn't require unrealistic assumptions and direct or indirect public support."
Actually, it's the first time I've seen Edward Baiamonte right about something. The conspiracy theories that fiat money is bad, or that gold would somehow be better, is ridiculous.low-IQ posters, like EdwardBaiamonte, are not welcome in this discussion
As to the OP, we can thank Repubs for guaranteeing that banks hold sway over Capital Hill due to Gingrich, Citizens United, & other initiatives they've undertaken to keep big money in politics
ummm..... because Repubs have made sure that pols must rely on campaign contributions. Why do I have to lead you people around by the hand? I'm done "instructing" you.
Dodd Frank,,,,Sarbox........anyone been prosecuted under those laws.......just words ...just speeches
