http://www.ft.com/cms/s/0/ad3fb44e-1...#axzz1eIqGAQeQ
i can't believe that it's been legal this long! absolutely ridiculous.
and note the amount of 1%ers in congress. occupy ought to group together and demonstrate against the criminals in d.c.-their regulations, or lack thereof, would take care of wall street.
but, wall street and our pols are hand in hand in all this. that's what has to change.
looks to me as tho glass/steagall being repealed probably helped fill a lot of wallets in d.c., hence the move to change that rule. and look where that's gotten us. housing and bank bubbles bursting, and the powers that be get rich off of it.
yes indeed, must be the american way.