Reporter of Times (UK) agrees with call by Obama-adviser Volker, and Sen. McCain
Economy • December 2009 • Views: 419
This is a call for the separation of investment banking and commercial banking. This is what used to be the rule. It also would have outlawed the practices by commercial banks that led to the recent meltdown. It’s called Glass-Steagall, and it makes a lot of sense, according to the author.