New Bank Regs Coming from White House
JANUARY 21, 2010
“President Barack Obama on Thursday is expected to propose new limits on the size and risk taken by the country’s biggest banks, marking the administration’s latest assault on Wall Street in what could mark a return, at least in spirit, to some of the curbs on finance put in place during the Great Depression, according to congressional sources and administration officials.” (Wall Street Journal, Thursday)
Like they know what they’re doing.
FEE Timely Classic
“The Free Banking Alternative” by Donald R. Wells and L. S. Scruggs