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Clinton, "There was already a total merger practically of commercial and investment banking, and really the main thing that the Glass-Steagall Act did was to give us some power to regulate it - the repeal."

ooootay

Diversity is the key to economic and political evolution.

by Cat on Sun Apr 18th, 2010 at 06:35:38 PM EST
[ Parent ]
and what does,

... only about a third of all the money loaned today is loaned through traditional banking channels and that was well underway before that legislation was signed

mean?

The point is not to be right, but to get to right.

by marco on Mon Apr 19th, 2010 at 02:03:38 AM EST
[ Parent ]

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