Attempts at Relief and Reform

Some Other Ideas Floating Around

Posted on Monday, January 18, 2010

We’re hearing murmurs of (a) dismantling financial institutions that are too big to fail by imposing a simple asset cap of say $50 or $100 billion in assets under management (or a percentage based on GDP fo some other threshold). And (b) reinstating some form of Glass Steagall to limit proprietary trading (banks that accept deposits should not also be hedge funds).

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