tclwrap

Glass-Steagall: If Not the Cause, Maybe the Cure?

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.