"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'..."
Privatizing Gains and Socializing Losses
November 11th, 2009 at 11:41 am