SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?


To: TimF who wrote (33633)3/4/2009 11:19:55 AM
From: Peter Dierks  Read Replies (1) | Respond to of 71588
 
Tim, if we enter a sever economic downturn you may wish to reevaluate your opinion.

Maintaining a firewall between the finances of main street and wall street has helped and hindered. This time around the collapse of the GSAs precipitated a rapid sequential collapse of Wall Street institutions.

Given the securitization of main street loans it would not have been prevented, but much of the other fall out would have.