Time to bust up the world's banking giants

National Post by Diane Francis | Oct. 24, 2009 (Editorial)

The world desperately needs Glass Steagall on steroids. Banking must be atomized -- a la America's 1933 Glass Steagall lelgislation -- in order to separate high-risk investment banking from taxpayer-insured deposits.

Read more: http://www.nationalpost.com/opinion/columnists/story.html?id=02859c06-69a3-45f1-a321-dff7755d2de8#ixzz0UuegnxNd
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Subjects: Politics, Business
Topics: Finance
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Posted by: Posted by Ben Ross - Oct 24, 2009 - 7:58 PM PDT
Reviewed by: Ben Ross (review)
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Edited by: Ben Ross - Oct 24, 2009 - 8:01 PM PDT
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 by Ben Ross - Oct. 24, 2009

Story about the emperors new cloths,,,,,in a tone missing from most main stream media.

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