Wall Street

Wall Street is Still Out of Control: Why Obama Should Call for Glass-Steagall and a Breakup of Big Banks

Next week, President Obama will travel to Wall Street to demand that the Glass-Steagall Act be resurrected and big banks be broken up. This move would be politically and economically smart, as it would distinguish Obama from likely Republican nominee Mitt Romney, who epitomizes the pump-and-dump mentality that has infected the financial industry. Romney was […]

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