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MrScorpio (1000+ posts) Send PM | Profile | Ignore | Thu Oct-20-11 11:32 AM Original message |
First thing: Separate investment banking from regular banking |
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Fresh_Start (1000+ posts) Send PM | Profile | Ignore | Thu Oct-20-11 11:36 AM Response to Original message |
1. create some criminal statutes for fraud which would include |
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MrScorpio (1000+ posts) Send PM | Profile | Ignore | Thu Oct-20-11 11:38 AM Response to Reply #1 |
4. Put some teeth in the SEC.. |
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redqueen (1000+ posts) Send PM | Profile | Ignore | Thu Oct-20-11 11:37 AM Response to Original message |
2. Un-repeal the Glass-Steagall Act? |
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supernova (1000+ posts) Send PM | Profile | Ignore | Thu Oct-20-11 11:38 AM Response to Reply #2 |
3. Yep |
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redqueen (1000+ posts) Send PM | Profile | Ignore | Thu Oct-20-11 12:11 PM Response to Reply #3 |
11. Not so much stupid as calculatedly evil. |
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MrScorpio (1000+ posts) Send PM | Profile | Ignore | Thu Oct-20-11 11:40 AM Response to Reply #2 |
5. That's a bingo! |
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Fresh_Start (1000+ posts) Send PM | Profile | Ignore | Thu Oct-20-11 11:53 AM Response to Reply #2 |
7. that may have been a contributing factor but it wasn't the direct cause |
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MilesColtrane (1000+ posts) Send PM | Profile | Ignore | Thu Oct-20-11 12:07 PM Response to Reply #7 |
9. It was, however, the direct cause of the taxpayer bailout. |
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redqueen (1000+ posts) Send PM | Profile | Ignore | Thu Oct-20-11 12:11 PM Response to Reply #9 |
12. Precisely. (nt) |
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FarCenter (1000+ posts) Send PM | Profile | Ignore | Thu Oct-20-11 01:48 PM Response to Reply #9 |
13. Investment banks held many money market fund accounts |
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valerief (1000+ posts) Send PM | Profile | Ignore | Thu Oct-20-11 11:46 AM Response to Original message |
6. Yes, but rich people get richer from it, and making rich people richer is the most important thing |
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FarCenter (1000+ posts) Send PM | Profile | Ignore | Thu Oct-20-11 12:01 PM Response to Original message |
8. Most of the housing bubble and mortgage mess was created by non-banks -- GS would not apply |
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banned from Kos (1000+ posts) Send PM | Profile | Ignore | Thu Oct-20-11 12:08 PM Response to Reply #8 |
10. Exactly --- you know your mortgage crisis |
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DU AdBot (1000+ posts) | Fri Apr 26th 2024, 02:40 PM Response to Original message |
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