06/14/11 - 9:08am
The ongoing global economic collapse continues with a glimmer of hope, if restructuring to sound banking practices occurs.
With growing support of Congresswoman Marcy Kaptur (D-Ohio) H.R. 1489, the Glass-Steagall reimplementation is moving forward without the sponsorship of our own Congressman Don Young.
Recently, in a New York Times op-ed “The Good Banker” Robert G. Wilmers believes “Glass-Steagall Act-the Depression-era law that separated commercial and investment banks — should never have been abolished.”