Break Up The Wall Street Banks! Too Big To Fail, Too Big To Jail!
Why is this important?
As a former compliance officer for a major Wall Street bank, I got to see first hand how these huge banks are strangulating the economy. If we bring back this legislation, it would break up the Wall Street banks. Commercial banks would go back to providing only banking products, checking, savings and CDs under regulation, and only allow the investment banks to sell investment products. It would protect the economy from an economic meltdown.
