Neil Barofsky, former special inspector for the U.S. Treasury’s Troubled Asset Relief Program and a Bloomberg Television contributing editor, and Barry Ritholtz, chief executive officer of FusionIQ, participate in a roundtable discussion about the role of the Federal Deposit Insurance Corp. and financial regulations. They speak with Betty Liu on Bloomberg Television’s “In the Loop.”
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They are both correct – we need to reinstate the Glass Stegal Act….but like they said Congress is broken, bought and paid for by the Banks. The only way to get a conclusion is through the efforts of the PEOPLE in action!!!! OWS has the right idea – we just need to expand the movement and kick ’em in their knees to bring ’em down.
Also, voting for and supporting your new running mate for Clerk of Circuit Court (Lisa) PB County FL is a start in the correct direction!!!!