Big Debt and Big Returns Could Be Spurring This Rally [View article]
I would not doubt if BAC would get broken down into smaller units, after the new regulations... Too big to fail is the key reason why it should be broken up.
Glass-Steagall: If Not the Cause, Maybe the Cure? [View article]
sorry to say, we should have seen this one coming. We never learned from past mistakes, such as the dot com bubble. That makes 2 busts in less than a decade. Something is seriously wrong fellows...
Remember our reactions to the dot com bust? The CEO was held personally accountable for cooking the books, because of enron scandal. Now we have a totally unrelated issue, but it's effect is much bigger than enron. The real problem is, regulating after the harm is done is as good as no regulation.
Big Debt and Big Returns Could Be Spurring This Rally [View article]
Glass-Steagall: If Not the Cause, Maybe the Cure? [View article]
Remember our reactions to the dot com bust? The CEO was held personally accountable for cooking the books, because of enron scandal. Now we have a totally unrelated issue, but it's effect is much bigger than enron. The real problem is, regulating after the harm is done is as good as no regulation.