Brooksley Born Urges Bank Breakups to Help End Too Big to Fail

Categorized | STOP FORECLOSURE FRAUD

Brooksley Born Urges Bank Breakups to Help End Too Big to Fail

Brooksley Born Urges Bank Breakups to Help End Too Big to Fail

If you’ve never heard of Brooksley Born, be sure to google her name and make sure you watch “The Warning” by Frontline.


SF Gate-

Brooksley Born, whose effort to regulate over-the-counter derivatives was thwarted in the 1990s, said large lenders should be broken up to separate their investment and commercial banking activities.

Banks must be “tasked with the job of deciding how best to split themselves up” under the supervision of regulators, Born, former chairman of the Commodity Futures Trading Commission, told reporters in Washington today. “There should be rules imposed, perhaps something like Glass-Steagall.”

[SF GATE]

© 2010-17 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.



Comments

comments

This post was written by:

- who has written 8610 posts on FORECLOSURE FRAUD | by DinSFLA.

CONTROL FRAUD | ‘If you don’t look; you don’t find, Wherever you look; you will find’ -William Black

Contact the author

One Response to “Brooksley Born Urges Bank Breakups to Help End Too Big to Fail”

  1. Glas Steagal Act needs to be put in place and never removed. Like the Constitution should never be removed. Any acts against both deemed to be treason on the American people. The deregulation of this act and laws protecting American families has been devastating to this country and all American families.

Trackbacks/Pingbacks


Leave a Reply

GARY DUBIN LAW OFFICES FORECLOSURE DEFENSE HAWAII and CALIFORNIA
Advertise your business on StopForeclosureFraud.com
Kenneth Eric Trent, www.ForeclosureDestroyer.com

Archives