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More Bank Rules?

Ally6770Ally6770941 posts since
Jan 16, 2010
Rep Points: 2,739
1. Tuesday, April 15, 2014 - 5:36 PM
Until the 'Glass-Steagall Act' separating commercial and investment banking is reenacted, it's all for naught.
6
ShorebreakShorebreak2,692 posts since
Apr 6, 2010
Rep Points: 14,596
2. Tuesday, April 15, 2014 - 6:03 PM
It would never pass in the house but I am with you 100%.

Bank deposits should not be used for arbitrage or any other speculative transaction. It should stay on the banking side of an institution. 
6
Ally6770Ally6770941 posts since
Jan 16, 2010
Rep Points: 2,739
3. Wednesday, April 16, 2014 - 8:08 AM
If the banks are going to need more capital, could this possibly mean they would actually need our deposits and maybe give us a bit higher interest rate to get the money?  Doesn't sound like Yellen is eager to give it to them at zero interest rates.
3
paoli2paoli21,405 posts since
Aug 10, 2011
Rep Points: 6,149
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