Page 8 - Steagall Act News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Accessing those benefits. what needs to change so that the most vulnerable among americans aren't targeted by this big banking institutions? >> well, the the major change i very much a legislative change which is you have to break up the banks and you have to reinvoke the glass/steagall act, because what's happening now is banks are looking at losing a lot of america. bank of america, a prime example. a ton of settlements going on with countrywide. a lot of faulty securities and loans, same thing with merrill lynch. why they moved the derivatives portfolio into the depositors side of the bank....

more funerals in syria today. opposition activists say that 31 people died when syrian troops opened fire on sunday. the attacks on anti-american -- rather anti-government protesters took place in several cities. president assad is warning countries not to recognize the syrian national council, which is set up in turkey last week. that council appears to be positioning itself as syria's next government. crisis talks are happening in egypt today to head off new violence. fighting between muslims and christians left at least 25 people dead over the weekend. christians say they were p...