Posts Tagged ‘Glass-Steagall Act’

It’s Official: Thanks to Former Citigroup CEO Sandy Weill… I Have Now Seen Everything.

It's Official: Thanks to Former Citigroup CEO Sandy Weill... I Have Now Seen Everything.

So, I guess I had this dream. I was watching CNBC... which, by the way, is how I knew it was a dream because I never watch CNBC... anyway, so I was watching CNBC and on comes Sanford "Sandy"... (Continue reading)

Senate Investigation Says Banks Caused Crisis, Not Borrowers

Senate Investigation Says Banks Caused Crisis, Not Borrowers

As I've said what feels like a million times in a million different ways... it wasn't the borrowers, it was the banks, and what caused the crisis was that the banks broke the bond market... and it remains broken to... (Continue reading)