Alan Greenspan Tells It Like It Isn't
Raymond J. Learsy
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Posted 08.24.2012
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Business
Read More:
Dodd-Frank Act,
Politics,
Goldman Sachs,
JPMorgan Chase,
BloombergT.V.,
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Federal Reserve,
Jamie Dimon,
Congress,
Alan Greenspan,
Volcker Rule,
Nytimes,
Business News
Greenspan sprung to the aid of the Wall Street Mafia by proclaiming loud and clear there is no need to return to the Glass-Steagall Act and all it would imply in restricting the proprietary trading of banks: "Glass-Steagall was never a useful vehicle."
