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Reply #16: I was simply addressing the point of your OP asking about "re-instating" Glass Steagall? [View All]

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FrenchieCat Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-25-10 11:20 AM
Response to Reply #15
16. I was simply addressing the point of your OP asking about "re-instating" Glass Steagall?
Edited on Sun Apr-25-10 11:23 AM by FrenchieCat
If GS has to be massively updated in order to be effective,
than it would no longer be Glass-Steagall technically.....
which I though was what your OP was kind of saying initially.

Is it possible that some of the updates you are want to see (that you don't detail in your Op)
may be in the current Wall Street Reforms?

We can certainly discuss what other provisions should be showing up
that aren't, as this would be a fruitful discussion.

But what I read in your OP was....
"What is so complicated about financial reform? Can't they just reinstate Glass Steagall?"




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