Time to bust up the world's banking giants
The world desperately needs Glass Steagall on steroids. Banking must be atomized -- a la America's 1933 Glass Steagall lelgislation -- in order to separate high-risk investment banking from taxpayer-insured deposits.
Read more: http://www.nationalpost.com/opinion/columnists/story.html?id=02859c06-69a3-45f1-a321-dff7755d2de8#ixzz0UuegnxNd
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