After raking off three quarters of a billion dollars, Sandy Weill now says it may be time to separate commercial banking from investment banking. On Wednesday Weill said, “What we should probably do is go and split up investment banking from banking,” He continued, “Have banks do something that’s not going to risk the taxpayer [...]
Tag: "Chris Dodd"
NEW YORK, March 28, 2011 /PRNewswire/ — InformationWeek Financial Services, the leading media outlet focused on helping senior executives in banking, capital markets and insurance navigate the fast-changing world of financial services IT, has released the industry’s first Cheat Sheet for the Dodd-Frank Wall Street Reform and Consumer Protection Act. The Dodd-Frank Cheat Sheet, developed by the editors [...]
Senators Barney Frank and Chris Dodd put together yet another progressive nightmare for our marginally free-market system. Granted the thought of those two alone in a dark corner is nausea-inducing, that’s not where I’m going. The Dodd-Frank bill, otherwise known as the “Wall Street Reform and Consumer Protection Act” neither reforms Wall Street nor protects [...]