Kirk The Bad

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That sums it up quite nicely I think.

I'll add that the repealing of Glass-Steagal has actually HELPED minimize the damage to some extent.

If it was still in place BoA could not have purchased Merrill Lynch. JPMorgan Chase could not have bought Bear Stearns. Both firms would have been liquidated (or bailed out by the feds) instead.


[this is good]

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TedWest

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TedWest
United States
If there's an afterlife, I'm gonna punch my mother in the mouth

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