<< Back to all Blogs
Login or Create your own free blog
Layout:
Home > Privatizing Gains and Socializing Losses
 

Privatizing Gains and Socializing Losses

November 11th, 2009 at 11:41 am

"Repealing Glass-Steagall was 'obnoxious' and a bipartisan 'absurdity'...

The end result of the repeal was you have 'taxpayers subsidizing risk-taking' on Wall Street...

'It's the most anti-capitalist thing I've ever heard of in my life.'

...Glass-Steagall wasn't regulation, 'it was common sense'..."

http://finance.yahoo.com/tech-ticker/article/369201/Why-Jami...

0 Responses to “Privatizing Gains and Socializing Losses”

Leave a Reply

(Note: If you were logged in, we could automatically fill in these fields for you.)
*
Will not be published.
   

* Please spell out the number 9.  [ Why? ]

vB Code: You can use these tags: [b] [i] [u] [url] [email]