A one-page proposal gaining traction in Congress could turn back the clock on Wall Street 10 years, forcing the breakup of banks, including Citigroup Inc. Lawmakers in both parties, seeking to prevent future financial crises while soothing public anger over ...
Tagged with: Glass-Steagall Act John McCain Wall Street
Read More »What would Ferdinand Pecora do? Thirty-seven years after his death, the name of this former assistant district attorney from New York suddenly is on a lot of politicians’ lips. Starting in 1933, as counsel to the Senate Banking and Currency ...
Tagged with: Ferdinand Pecora Glass-Steagall Act Nancy Pelosi Securities and Exchange Commission Timothy Geithner Treasury Department Wall Street
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