Thursday, December 31, 2015

There's a deep rift in the Democratic party over whether America should bring back the Glass-Steagall Act, a bank regulation that was in place from 1933 to 1999.

...when you look at the actual financial institution failures in 2008, Glass-Steagall probably wouldn't have made much, if any, difference. The first two large institutions to fail were Bear Stearns and Lehman Brothers, both of which only served Wall Street, not Main Street.

Who wants Glass-Steagall back: Sanders, O'Malley and Senator Elizabeth Warren

Who doesn't want Glass-Steagall back: Clinton and the Republican candidates

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