Kamala Harris and Katie Porter Intro Bill to Take on Big Banks, Including Trump’s

The article in the link was not written by a person who can speak or type English. That said, democrats attacking banks is so bizarre. Democrats generally have no contact with banks as their room and board and disgustingly enough, their offspring, is paid from folks who do have contacts with banks.
 
Bringing back Glass-Steagall would be a better idea.

That would remove most of the motivation to do what these guys may do.

The problem with that is their global competitors do not face the same constraints. So it’d be harder for American banks to compete for the business of multinational companies.
 
Bringing back Glass-Steagall would be a better idea.

That would remove most of the motivation to do what these guys may do.

The problem with that is their global competitors do not face the same constraints. So it’d be harder for American banks to compete for the business of multinational companies.
I don't know. Focus creates a better product. And this insane level of conflict of interest could be a ticking time bomb for a bank anywhere on the planet.

Seems to me that if we went back to having banks do what they USED to do, competition would increase across the board. This Too Big To Fail crap is a farce.
.
 

Forum List

Back
Top