Fed's Tarullo says Glass-Steagall return not high on his list

Jul 15, 2013 Full story: Reuters 9

A Federal Reserve official on Monday questioned the latest congressional plan to break up big banks, saying it is unclear whether such a move would prevent the next financial crisis.

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chisholm

Columbus, OH

#1 Jul 15, 2013
Bankers and rich guys control Washington, therefore there'll be no real reform.

FDR fought these people and won some victories, but he was one of them and had the people behind him, thanks to the Depression. No one has that much leverage now.

“JESUS WOULD IMPEACH THE GOP!!!”

Since: May 09

Lake Success, N.Y.

#3 Jul 15, 2013
chisholm wrote:
Bankers and rich guys control Washington, therefore there'll be no real reform.
FDR fought these people and won some victories, but he was one of them and had the people behind him, thanks to the Depression. No one has that much leverage now.
The two are so intertwined (investment banks and commercial banks), I absolutely agree.
Gary

Bellingham, WA

#4 Jul 15, 2013
If they had taken about out 500 of the gangsters and banksters on Wall Street, whose greed, lawlessness
and recklessness got our economy into such a mess
and shot the bastards there wouldn't be such
a likely chance that they will repeat their
criminality.

But since most of them are still calling the shots
and never had to atone for their gangsterism,
they will no doubt do it again.

Like Mitt Romney, they are nothing but vultures
and have no conscience when it comes to robbery.
How many retirement funds did they liquidate?

Slime!

Since: Nov 08

Paris

#5 Jul 16, 2013
Gary wrote:
If they had taken about out 500 of the gangsters and banksters on Wall Street, whose greed, lawlessness
and recklessness got our economy into such a mess
and shot the bastards there wouldn't be such
a likely chance that they will repeat their
criminality.
But since most of them are still calling the shots
and never had to atone for their gangsterism,
they will no doubt do it again.
Like Mitt Romney, they are nothing but vultures
and have no conscience when it comes to robbery.
How many retirement funds did they liquidate?
Slime!
Yes, George Soros is slime. Obama's puppet master.
conservative crapola

Allentown, PA

#6 Jul 16, 2013
Le Jimbo wrote:
<quoted text>
Too bad redsie has nothing to counter their made-up reason for t-rejection. Their old, fat, angry, white-guy syndrome will eventually die off.

hahahahahahahahahahaha
Don Joe

Minneapolis, MN

#7 Jul 16, 2013
Hmmm, it is looking like the left, the right and the middle all agree the bankers are slime and stealing from the public.

Ok, Let's do something. I doubt either major party will lift a finger to help.
chisholm

Columbus, OH

#8 Jul 16, 2013
Le Jimbo wrote:
<quoted text>Yes, George Soros is slime. Obama's puppet master.
No one mentioned Soros, your obsession is acting up again.
Sterkfontein Swartkrans

Pennington, NJ

#9 Jul 16, 2013
If our economic laws had teeth (up to and including the death penalty) maybe wall street sociopaths would think twice about looting our economy again!
chisholm

Columbus, OH

#10 Jul 16, 2013
Sterkfontein Swartkrans wrote:
If our economic laws had teeth (up to and including the death penalty) maybe wall street sociopaths would think twice about looting our economy again!
I don't support the death penalty, but if the laws had THAT many teeth, there'd be a lot of CEOs and top management on death row thanks to the 2008 meltdown.:)

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