Monday, November 23, 2009

Breaking Up Banks

Per the Huffpo, the WSJ Editorial Board calls for a return to splitting up commercial and investment banks.

I admittedly know nothing, but the premise of lowering the moral hazard of bailing out banks for taking heavy risks seems sound. And I'm a person who likes risk. I like gambling. I like aggressive play. But not with the rent and the safety net. And not with the country.

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