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There is no evidence that pre-Glass–Steagall banks’ securities activities led to more bank failures than among their specialized peers.

EL DORADO -- Two Oklahoma men have been arrested for capital murder and other felony charges in connection to the fatal shooting of an El Dorado man last weekend.

It may be hard to believe, but I pay very little attention to presidential politics. People send me news clips and ask me what I think about what the candidates said, but I generally don’t indulge them. This week, however, a friend sent me a clip from a Donald Trump Jr. speech that actually got my attention. Trump the younger, of course, is not running for political office. Still, it’s great that he understands one of the big problems with our financial regulatory framework. He said:

Share: Does crime pay? Wall Street Crime and Punishment is a weekly series by Benzinga's Phil Hall that chronicles the bankers, brokers and financial ne’er-do-wells whose ambition and greed takes them in the wrong direction. In the annals of Wall Street miscreancy, few titans of business have experienced a more celebrated rise and ignominious crash than Richard Whitney. In October 1929, he was praised for an act of unprecedented bravery that singlehandedly halted an epic panic — but nine years later, he was sitting in a cell in Sing Sing after being convicted of embezzlement. How did Whi...