Whether the overturning of the Glass-Steagall Act that separated banking from securities trading led to the much Recession is disputed by scholars and presidential candidates. Elizabeth Williamson,reporter for The Wall Street Journal covering national politics, talks about how 2016 candidates are still debating the 1930s bill, and its 1990s repeal,and candidates reactions to the recent market slide.
Hilary's reasons for not reinstating GS drop flat, show her disconnect and remind me of why I'll vote for her begrudginglyAugust 25, and 2015A prime example of why I'm conflicted when it comes to Clinton. whether only Sanders stood a genuine chance.
August 25,20154/4 There is a folk-belief that it is responsible for mortgage securitization - but that was Freddy and Fannie decades ago.
August 25, 2015Hardto defend Glass-Steagall; it'd make Bill partly responsible for much Recession, or damage #Clinton brandAugust 25,2015
Source: wnyc.org