Break Up The Big Banks

Wall Street’s increasing power remains “difficult to control because they have the lawyers and the money to resist the pressures of federal regulation.”

Wall Street’s increasing power remains “difficult to control because they have the lawyers and the money to resist the pressures of federal regulation.” The Dodd-Frank act that was supposed to control Wall Street “leaves TBTF [too big to fail] entrenched.”I don’t know much aobut how the banking systerm works to know whether this report — I have not read it — is valid but I do know the US can not survive another banking crisis.robertreich

Author: Khürt Williams

A human who works in information security and enjoys photography, Formula 1 and craft ale. #nobridge