asterisk2a + greatdepression + dodd-frank   1

Video: Braking the banks | Need to Know | PBS
In the wake of the recent JP Morgan losses and current LIBOR scandal, the fight over banking regulations continues to rage in Washington as an alphabet soup of federal agencies write the complex regulations to put the Dodd-Frank law in motion.

On the front-lines of this effort is Better Markets, a relatively new advocacy group pushing to ensure new regulations are as strong as possible. Better Markets President and CEO Dennis Kelleher says that if Wall Street’s current practices are not reigned in, the next financial crisis could be right around the corner — and could be much worse.

"Braking the banks" - Separating Deposit and Loan/Credit/Mortgage Banks from the Casino/Investment/Pro-trading.

UK is on its way to that.
investment  banking  proptrading  USA  greatrecession  capitalism  lobby  2012  banking  crisis  bank  crisis  Glass-Steagal  economic  history  greatdepression  GFC  oversight  Dodd-Frank  Food  Industry  WallStreet  regulators  regulation 
july 2012 by asterisk2a

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