AIG Backstory: The Gramm Leach Bliley Act

Reblogged from FortLeft:

Today (May 11, 2012) JP Morgan Chase appears to have engaged in the same kind of behavior that lead to the 2008 meltdown and people are talking about reviving the Glass-Steagall Act.  I thought I should repost this from March 2009.

Yesterday one of my Random Thoughts was to ask if anyone remember when banks were banks and stock brokers were stock brokers. 

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