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A reminder of reality and those responsible. A wall of separation with derivative regulation would (Original Post) mmonk Aug 2015 OP
It is so important for everyone to understand this video's explanation about derivatives and their JDPriestly Aug 2015 #1
This makes it clear to me that the crisis couldn't have happened with an intact Glass Steagal, Enthusiast Aug 2015 #2

JDPriestly

(57,936 posts)
1. It is so important for everyone to understand this video's explanation about derivatives and their
Wed Aug 12, 2015, 02:33 AM
Aug 2015

role in the financial crisis and the collapse of AIG.

Bernie favors reinstating a Glass-Steagall wall between private risk investment and the investment of federally insured funds which would be regulated and overseen carefully.

Enthusiast

(50,983 posts)
2. This makes it clear to me that the crisis couldn't have happened with an intact Glass Steagal,
Wed Aug 12, 2015, 09:59 AM
Aug 2015

contrary to the assertions of the dishonest Bill Clinton.

The ones that claim Glass Steagal is outdated are secretly, or not so secretly, representing the interests of the ones that wish to game us again by pulling the same or a similar stunt/ruse/scheme.

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