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mmonk

(52,589 posts)
Mon Aug 24, 2015, 08:41 AM Aug 2015

Recently, the Banks have moved derivative trading to the London exchange

to avoid minor regulation of these instruments (that were a central party to the collapse and subsequent bail out of too big to fail). I was wondering if another collapse like the one in 2008 happens again, will your views change about American politics, too big to fail instead of government interference and economics then or will you stay the course of weak regulatory structures?

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Recently, the Banks have moved derivative trading to the London exchange (Original Post) mmonk Aug 2015 OP
Hopefully the American public will realize that these banks haven't changed before think Aug 2015 #1
 

think

(11,641 posts)
1. Hopefully the American public will realize that these banks haven't changed before
Mon Aug 24, 2015, 09:30 AM
Aug 2015

financial collapse happens.

A discussion regarding the need for stronger financial regulations to be imposed & breaking up too big to fail banks should be at the heart of our political discussions. The past reckless behavior of these banks should already serve as enough of a warning as to the potential harm that may be done to the American economy and the lives of the American people.

IMO those that choose to ignore this reality do it at their own peril...

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