Today over at NAWRB the folks there blogged about comments Elizabeth Warren made about "banking should be boring". Currently, Warren is running for a US Senate seat and she's calling for a new Glass-Steagall Act. If you remember, that post-Depression legislation is what created the two types of major banks: depository institutions and investment banks. Increasingly blurred lines between the two since the 1990s could be what got us in such a mess today.
Want to read more about it? Check out the NAWRB blog here.
Want to read more about it? Check out the NAWRB blog here.
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