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Well, there's the phrase simply splayed, isn't it...

"tear down the archaic barrier between banking and broking,"  (We assume they mean brokering.)

Jeez, i'm not sure if there were any hiccups in letting Bank of America and 1st Local Sparkasse of Düsseldorf and Des Moines compete with Goldman Sachs and eTrade.  Guess it doesn't matter since they're all getting bailed out by the Feds of the world.  (The preceeding comment has been ruled simplistic, as it ignores the relative sanity of the ECB.)

"Life shrinks or expands in proportion to one's courage." - Ana´s Nin

by Crazy Horse on Wed Dec 26th, 2007 at 11:17:19 AM EST
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The "archaic" Glass-Steagall Act is so 20th century...

Does the society has to be that much dependent on those electronic shuffle games with big numbers?

by das monde on Thu Dec 27th, 2007 at 04:36:43 AM EST
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