Break Bank of America up: Keep only the Retail operation!

Three Questions For The Financial Stability Oversight Council Posted: 03 Sep 2011 04:16 AM PDT By Simon Johnson The Dodd-Frank financial reform legislation of 2010 created a Financial Stability Oversight Council (FSOC), with the task of taking an integrated view of risks in and around the U.S. financial sector. The …

A sort of a shoddy investigation!

A publication by Per Kurowski I refer to the “Wall Street and the Financial Crisis: Anatomy of a Financial Collapse” report by the Senate Permanent Subcommittee on Investigations. It is a sort of shoddy investigative work. Why? On April 28, 2004 the Securities and Exchange Commission authorized the investment banks …