"How did this happen? A series of policy decisions enabled this - TopicsExpress



          

"How did this happen? A series of policy decisions enabled this explosive growth, including the deregulation of Wall Street; the repeal of Glass-Steagall, which separated bank customers’ money from money which the bank could invest for its own profit; runaway banker salaries and bonuses, which prompted the “best and the brightest” to flock to Wall Street and apply their ingenuity to flouting the rules; and government’s increasing unwillingness to indict bankers for criminal behavior." ourfuture.org/20130815/the-bankization-of-america
Posted on: Wed, 21 Aug 2013 00:46:18 +0000

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