Glass-Steagall for Dummies: what it is and why the US needs it now
By Chris Griesedieck I don't know who Peter Wallison is, but he does not seem to understand the consequences of re-implementing Glass-Steagall. Or he does, and is willfully ignoring them to irritate me and appease Jamie Dimon. Anyway, Glass-Steagall was a Depression-era, federal regulation (fully repealed under the Clinton administration after years of chipping away by banking industry lobbyists)…
United States Chris Griesedieck Peter Wallison Jamie Dimon Mo Leverage Bank Housing Prices Never Fall Inc
Source: scholarsandrogues.com