Tag Archives: investment banks

Re-enact the Glass-Steagall Act

I was really encouraged the other day when I saw an article in the Financial Times reporting that Sandy Weill, former Chairman and CEO of Citigroup commented in a CNBC interview that the big banks should be broken up and … Continue reading

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Our Financial System is Broken

How much more evidence do we need, to say that our financial system is broken.  Case in point – the recent Facebook IPO.  Here’s another example of how Wall Street and the major financial institutions took advantage of the average … Continue reading

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Posted in Investing, Opinion | Tagged , , , | Leave a comment

Stay Strong. Work Together Europe!

The assault that’s taking place on the Euro is unprecedented.  Who benefits from such an assault?  I believe the financial speculators, hedge fund managers, and the U.S.A. win.  Why the U.S.A.?  When the financial crises hit, the Euro stayed strong. … Continue reading

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Posted in Politics | Tagged , , , , , , , | Leave a comment