Not many people like the idea of breaking up financial institutions, but if I have to be part of a tiny minority, I’ll take this one: “People say I’m old-fashioned and banks can no longer be separated from nonbank activity,” Mr. Volcker said, acknowledging criticism that he is nostalgic for an earlier era. “That argument,” [...]
Archive for October 23rd, 2009
Good Allies, Just Too Few
Posted in Finance, George W. Bush, Meltdown, Obama, Tim Geithner on October 23, 2009 | 8 Comments »
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