Too big to fail again is on its way with repeal of the Dodd-Frank Act

Penelope

Diamond Member
Jul 15, 2014
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Rep. John Dingell (D) warned us repeal of the Glass-Steagel Act in 1999 would cause the "banks to be to big to fail" and he was right. Thanks to the GOP (Cons) we are on the way there again.

 
Rep. John Dingell (D) warned us repeal of the Glass-Steagel Act in 1999 would cause the "banks to be to big to fail" and he was right. Thanks to the GOP (Cons) we are on the way there again.



Lehman failed, Bear Stearns too.
Then there was Fannie, Freddie, Indy Mac and WAMU.
 

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