Should Glass-Steagall be passed again?

erichfootball

Rookie
May 2, 2016
7
1
1
The repeal of glass-steagall may have caused the recession of 07-08 -- Should we separate commercial and investment banks?
 
Emotionally I say Yes. But the solution if probably more complicated. I'm not sure how that would have made a difference with AIG. I would like to break up the banks, tired of bailing them out. Or turn them into large financial utilities like in Canada.
 
The repeal of glass-steagall may have caused the recession of 07-08 -- Should we separate commercial and investment banks?

actually very few believe that it had anything to do with crash. THe way to prevent a crash is to switch to capitalism.
 

Forum List

Back
Top