Posted by & filed under Financial analysis, Governments & Regulators.

Description:  Obama and Volcker want to limit big banks. Readers of ‘The Buzz’ think it’s a good idea but are skeptical regulation will pass Congress.

Source: CNNMoney – video report
 
Date: 02/02/2010

Link: http://money.cnn.com/video/news/2010/02/02/n_bz_glass_steagall.cnnmoney/

Questions for discussion:

  • Should Glass-Steagall be returned? Why or why not?
  • How much blame for the crisis is rightly placed at the foot of regulatory agencies like the SEC or individual banks?

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