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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (67794)11/4/2010 10:09:04 PM
From: carranza2  Read Replies (1) | Respond to of 220055
 
What is ebas?



To: TobagoJack who wrote (67794)11/4/2010 10:11:49 PM
From: No Mo Mo1 Recommendation  Respond to of 220055
 
"The fundamental reason why such a mess exists is clearly that the repeal of the 1933 Glass-Steagall Act occurred without a realisation that such deregulation only made sense in the area of financial services if there was a similar deregulation in terms of allowing bad banks to fail."

Possibly the best 20/20 hindsight simplification of the fatal policy of privatizing profits and socializing loss.


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