Now they are speaking out AGAINST bank regulation, which must mean IT WILL WORK!
Old Glass-Steagall Worked. New One Won't. Bloomberg The U.S. financial system of the mid-20th-century had positive qualities that we should seek to restore, but the separation of commercial banks from securities dealers isn't one of them. Advocates of bringing back the so-called Glass-Steagall act of ... See all stories on this topic » |
| Senate Glass-Steagall revival 'noise,' research firm says MarketWatch (blog) While the analysts don't see the modified Glass-Steagall Act getting traction, that doesn't mean they see curtains for bank reform. Their cases in point: likely adoption later this year of proposed minimum leverage ratio requirements, and the ... See all stories on this topic » |
| Fed's Tarullo says Glass-Steagall return not high on his list Reuters Glass-Steagall proponents say a firewall is needed to prevent risk taking Wall Street firms from relying on backstops such as the Fed's discount window when they get in trouble. Warren said regulators fell down on the job by allowing Glass-Steagall to ... See all stories on this topic » |
| A new Glass-Steagall won't prevent another financial crisis Fortune FORTUNE -- When banks behave badly, leave it to the Glass-Steagall Act to save the day. Such has been the mantra in the years following the 2007-2008 financial crisis -- the latest from U.S. senators Elizabeth Warren (D-Mass.) and John McCain (R-Ariz.). See all stories on this topic » |
| Inside Glass-Steagall's Latest Comeback Attempt MarketMinder Freshman Senator Angus King, one of three senators aiming to revive Glass-Steagall. Photo by Allison Shelley, Getty Images. Last Thursday, Senators Elizabeth Warren (D-MA), John McCain (R-AZ) and Angus King (I-ME) proposed a new bill to the Senate ... See all stories on this topic » |
| Daniel Tarullo questions return to Glass-Steagall Politico Daniel Tarullo said Monday that the repeal of Glass-Steagall in 1999 was not a major factor in the 2008 financial crisis and that putting it in back in place would not necessarily address the current threats to the financial system, such as banks ... See all stories on this topic » |
| FDIC's Hoenig Defends Warren's Glass-Steagall Act ValueWalk The Vice Chairman of the Federal Deposit Insurance Corporation (FDIC) has vigorously defended the reenactment of parts of the Glass-Steagall act sought by Senator Elizabeth Warren, along with other prominent members of the United States upper house. See all stories on this topic » |
| Daniel Tarullo questions value of return to Glass-Steagall Politico Last week the senators introduced what they are calling a modern day Glass-Steagall Act, arguing that Wall Street banks still pose a threat to the economy and taxpayers because they take too many risks risks and that the banking business should return ... See all stories on this topic » |
| Glass-Steagall II: If It's Not Fixed, Break It Yahoo! Finance (blog) Which is why the cynical idiocy of Glass-Steagall II as it's being called is so disheartening. Proposed by a bipartisan group of four Senators including Democrat Elizabeth Warren and Republican John McCain the new Glass-Steagall would force a ... See all stories on this topic » |
| Fed official doubts wisdom of returning to Glass-Steagall law MarketWatch (blog) In an interview Monday morning, Fed Governor Daniel Tarullo, the central bank's point man on bank regulation, said putting Glass-Steagall back in place would not address the current threats to the financial system, according to a report by Politico ... See all stories on this topic » |
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