Sunday, May 20, 2012

The Banker's Job

Link to article

"Don't lose my money."

If we still had Glass-Steagal, criiminals like Jamie Dimon would not be able to lose our money because JP Morgan Chase would be a commercial bank and not an investment bank.  The repeal of Glass-Steagal, under the Clinton administration, gave banksters free reign to steal and, most often, lose our money in foolish, risky investments.

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