SO...are you for or against regulating banking and financial services
Quote:
Originally Posted by TheMercenary
...More regulation is not the solution. That is stupid.
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Quote:
Originally Posted by TheMercenary
...Eliminate non-commerical banks abilities to provide low cost loans to people who never could have afforded them in the first place...
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You still havent addressed the apparent contradiction in those statements unless you know of a way to eliminate non-commercial banks from the housing finance market w/o regulation?
Do you only agree with Volcker that we should
"let financial institutions fail" or do you agree with him that we also need
"somewhat in the spirit of Glass-Steagall in making a distinction between capital-market activities and trading activities and banking activities."