iBankCoin
Joined Nov 11, 2007
31,929 Blog Posts

$JPM May Invoke the Return of Glass Steagal

“We at The Small Business Authority believe in free markets. We also believe in less government regulation to more government regulation and we believe that financial institutions should be able to transact on an arm’s length basis and do so in many different markets. The primary caveat to this is when the financial institution uses a government guarantee or a government subsidy, it must therefore be very limited to the amount of risk and financial leverage that it can utilize to earn money.”

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