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Reich was right about JPMorgan fiasco
May 15, 2012
| DesMoinesRegister.com
I believe Reich is correct in saying commercial and investment banking must be separated. One should remember the old adage: Those who ignore history are condemned to repeat it...
Morici: JPMorgan mess shows U. S. needs to bust up big banks
May 12, 2012
| DesMoinesRegister.com
The Glass Steagall Act of 1933 separated commercial banking -- taking deposits and making loans to finance businesses, homes and the like -- from investment banking ... The simplest solution is to again separate commercial and investment banking ...
Break up big banks, FDIC director says
April 27, 2012
| DesMoinesRegister.com
The U.S. should break up its largest banks by forcing them to spin off their investment banking ... businesses of investment banking ... He said banks should be forced to spin off lines of business like investment banking ...
April 19, 2012
| TechCrunch
Zimmer felt that the culture around his high school and in parts of college put the lure of investment banking in his sights, but after some time, he developed an itch to try...
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