Group: mn.politics · Group Profile · Search for Intertwined in mn.politics
Author: Zaroc Stone
Date: Sep 17, 2008 13:03
... or use their capital to fund your trading activities. That simple premise, the pristine logic of the Glass-Steagall Act, not only kept consumer and speculative capital from intertwining within the same institution; it simplified the ability to understand the activities of all financial organizations. Transparency was not perfect, but it was more easily accomplished. Lehman Brothers got...
|