Friday, January 22, 2010

Elizabeth Warren on the Presidents bank plan

Posted by P.O. Seedum at 1/22/2010 12:30:00 PM
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1 comment:

Tom said...

The baanking & finance regulations which held the market in check since the 1930's, and were discarded in 2003 in favor of banks and brokerages must be reinstated. Banks made loans & mortgages and were responsible for them until paid in full. Thus the lender itself was the looser on a badly made loan. Lately loans were piecemealed, bundled and marketed on Wall St as a "seccurity"

It is obvious self-regulation doesn't work with these people.

March 11, 2010 at 3:43 PM

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