(Community Matters) Sounds like finally folks are listening to Paul Volcker – thankfully. Congrats to the Senators McCain and Cantwell for introducing legislation to bring back Glass-Steagall. The Administration has not been served well by listening to Geithner and Sumners about financial institution re-regulation. I hope they’ll embrace the separation of commercial and investment banking.
Nate Silver saying there isn’t broad enough support to breakup the banks (too big to fail/Glass Steagall) but there is for major financial regulation.