Fundamentally, Obama’s continued support for Holder illustrates that
Obama is still committed to the policy of holding financiers to a lesser
standard of justice than other citizens.
The continued failure to implement even the Volcker rule — let alone a Glass-Steagall-style separation between retail and investment banking — illustrates that Obama is committed to letting bailed-out banks continue to operate in the risky manner that led to the crisis. So does the total failure to ensure a level playing field for retail investors in a market now totally dominated by algorithms.
Read more: http://www.zerohedge.com/news/2013-02-04/guest-post-too-big-jail-here-stay
The continued failure to implement even the Volcker rule — let alone a Glass-Steagall-style separation between retail and investment banking — illustrates that Obama is committed to letting bailed-out banks continue to operate in the risky manner that led to the crisis. So does the total failure to ensure a level playing field for retail investors in a market now totally dominated by algorithms.
Read more: http://www.zerohedge.com/news/2013-02-04/guest-post-too-big-jail-here-stay
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