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KoKo

(84,711 posts)

35. Getting Rid of Glass-Steagall Act separating Investment Banks from Traditional S&L's

Fri Feb 14, 2014, 11:10 AM

Feb 2014

is what has helped cause this "Too Big to Fail." So many hoped that the "Crisis" would lead to reforms to bring back Glass-Steagall...but, it hasn't happened. So, what caused the Melt Down in '08 has just gone on in different ways. It's so tied together and global involving IMF and EU, etc. that it all falls down if one brick is loosened. I imagine we taxpayers, global citizens will be confronted with another huge bailout at some point in the future.

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JP Morgan Executive Director Dies [View all] Ichingcarpenter Feb 2014 OP

"There are no coincidences" Renew Deal Feb 2014 #1

i struggle for empathy. it makes me sci fi nut that i am think of roguevalley Feb 2014 #80

We've seen this before. longship Feb 2014 #2

Six Weeks until they find the cause of death Ichingcarpenter Feb 2014 #4

;-) nt longship Feb 2014 #6

Yer bad! L0oniX Feb 2014 #9

To quote Ian Fleming Aerows Feb 2014 #3

So what does it all mean? Renew Deal Feb 2014 #5

There are so many shady dealings, justhanginon Feb 2014 #7

That's what I've been trying TBF Feb 2014 #10

The one that shot himself Aerows Feb 2014 #13

Seriously. TBF Feb 2014 #15

Every life insurance policy I have seen... awoke_in_2003 Feb 2014 #38

Only for first two years is the standard. nt Mojorabbit Feb 2014 #62

Sounds like mine is not up to snuff... awoke_in_2003 Feb 2014 #65

The "Suicide" by Nail Gun doesn't work for me. 2banon Feb 2014 #32

Your guess is as good as mine. Aerows Feb 2014 #48

My thoughts, too. ohheckyeah Feb 2014 #88

It's perfectly reasonable, though Aerows Feb 2014 #95

Made me think of Lethal Weapon 2. ohheckyeah Feb 2014 #98

A nail gun has a safety latch at the end of the barrel. former9thward Feb 2014 #99

Pneumatic nail guns ALWAYS include them Aerows Feb 2014 #100

I agree that the nailgun as suicide instrument stretches credibility Adsos Letter Feb 2014 #101

Kinda hard to stay on ground level, when two no-necks in suits, with other ideas, hook arms with you RC Feb 2014 #42

Good point Aerows Feb 2014 #47

This one isn't in finance but... AtheistCrusader Feb 2014 #50

I remember that one! Aerows Feb 2014 #53

Fascinating. AtheistCrusader Feb 2014 #56

It reminds me of the old joke Aerows Feb 2014 #58

Is JP Morgan the old Chase Manhattan bank? LiberalArkie Feb 2014 #61

Yep Aerows Feb 2014 #63

Another weird Aerows Feb 2014 #92

And who is investigating this? Are they connecting the dots? Something is drastically wrong. All we jwirr Feb 2014 #19

Actually, we'd need a baseline of average suicides in this sector of the economy. AtheistCrusader Feb 2014 #59

Likely, the answer is "Yes" Chan790 Feb 2014 #26

Excellant Point Ichingcarpenter Feb 2014 #30

Getting Rid of Glass-Steagall Act separating Investment Banks from Traditional S&L's KoKo Feb 2014 #35

Absolutely we are Aerows Feb 2014 #54

If I K & R this does that mean I approve of their deaths? L0oniX Feb 2014 #8

I would say something.... awoke_in_2003 Feb 2014 #41

Actually you missed one... Aerows Feb 2014 #11

I only excluded that because he was an automotive ex, however Ichingcarpenter Feb 2014 #14

Indeed Aerows Feb 2014 #18

The only way he does that to himself Control-Z Feb 2014 #90

This was Aerows Feb 2014 #91

London.... brings to mind the LIBOR scandal Nictuku Feb 2014 #21

They might have also been potential whistle blowers Ichingcarpenter Feb 2014 #23

Whistleblowing came to my mind. 2banon Feb 2014 #37

are they connected to this? questionseverything Feb 2014 #66

Look at HSBC Aerows Feb 2014 #69

Thanks for that reminder. 2banon Feb 2014 #34

The guy that worked in London Aerows Feb 2014 #93

Meh. Vashta Nerada Feb 2014 #12

Oil Bidniss. Octafish Feb 2014 #16

The banks are still bigger Renew Deal Feb 2014 #17

Goodfella movie - cleaning house packman Feb 2014 #20

The exact same thing came to mind for me too! TheKentuckian Feb 2014 #60

These are the companies that rule the world, and it's a madhouse of stress, suicide, and worse... reformist2 Feb 2014 #22

This might seem cold, but the real tragedy is that he died a free man. alfredo Feb 2014 #24

Well he's free now, that's for sure! n/t ReRe Feb 2014 #40

True. alfredo Feb 2014 #64

Unless karma is real. WhiteTara Feb 2014 #77

Could it be the Dinar dinger130 Feb 2014 #25

Who knows when the crash will happen, but it is coming. reformist2 Feb 2014 #27

Bitcoin isn't really big enough Renew Deal Feb 2014 #29

That other shoe seems to be dangling by a thread. Nt CFLDem Feb 2014 #28

Did you see this? "JPMorgan's Close Ties to CIA" KoKo Feb 2014 #31

Welll, well, well... That explains a lot. 2banon Feb 2014 #43

Sounds like a regular spy novel libodem Feb 2014 #46

Read that a while back Ichingcarpenter Feb 2014 #52

Hey, KoKo..Thanks for linking to Wall Street on Parade. I just discovered that site... truth2power Feb 2014 #75

It's a pretty good site...and link backs to earlier stories... KoKo Feb 2014 #81

I recommend the swilton Feb 2014 #82

And: "Confression of an Economic Hit Man" by John Perkins..CLASSIC! KoKo Feb 2014 #87

The Star Chamber hamsterjill Feb 2014 #33

I don't remember that film. 2banon Feb 2014 #44

It's an older movie. hamsterjill Feb 2014 #49

Thanks, Hal Holbrook loved acting in this genre 2banon Feb 2014 #55

This is getting stranger 840high Feb 2014 #36

all these "suicides" -- and not one mention of a suicide note. magical thyme Feb 2014 #39

+1 Rex Feb 2014 #72

a lot of these guys don't take good care of themselves physically geek tragedy Feb 2014 #45

Whether it's stress, suicide, or worse(!), I think people are realizing Wall Street is a madhouse. reformist2 Feb 2014 #51

The nail gun Aerows Feb 2014 #67

Dead Bankster #4: Suicide by nail gun? Adsos Letter Feb 2014 #57

That Nail Gun Thing..is so bizarre...seems almost orchestrated KoKo Feb 2014 #83

Well, linked up thread Aerows Feb 2014 #94

that's 4 banker related deaths recently heaven05 Feb 2014 #68

Not the Dinar? dinger130 Feb 2014 #70

6 weeks to finish a toxicology report!? Rex Feb 2014 #71

After I put that in bold I researched a little Ichingcarpenter Feb 2014 #73

Even 3 days seems like a long time to me. Didn't know that about Hastings! Rex Feb 2014 #74

Jump Sir!!! malaise Feb 2014 #76

Yeah...and throw yourself off an Embankment on an Interstate or Shoot Gun KoKo Feb 2014 #85

JP Morgan is at the heart of the financial crisis and Goldman Sachs is its whore cap Feb 2014 #78

I wish the "Feds" really were closing in...but their record is not so good... KoKo Feb 2014 #84

7 or 8 self-inflicted nail gun wounds? louis-t Feb 2014 #79

But we already have Aerows Feb 2014 #97

Methinks the cartels are cleaning house. CFLDem Feb 2014 #86

Wonder what the Clintons are trying to whistler162 Feb 2014 #89

LOL Aerows Feb 2014 #96