Recently, JPMorgan Chase announced that it had lost more than $2 billion on risky trades. The news raised more questions about the need for tighter banking regulations. There are suggestions that reinstating the Glass-Steagall act would be the most effective way to prevent these types of losses in the future.
Do We Need to Reinstate the Glass-Steagall Act?
Posted by
MMarquit under News
From http://www.knowyourbank.com 4345 days ago
Made Hot by: logodesign007 on May 25, 2012 3:38 am
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