Wednesday, July 17, 2013

Treasury Secretary Leaves Door Open Just A Crack For Breaking Up Megabanks

Treasury Secretary Leaves Door Open Just A Crack For Breaking Up Megabanks: The financial crisis showed that Depression-era regulatory structures aren’t good enough to protect the modern economy from Wall Street risk-taking, Treasury Secretary Jack Lew said Wednesday at CNBC’s Delivering Alpha conference in New York. The comments come a week after Sens. Elizabeth Warren (D-MA), John McCain (R-AZ), Maria Cantwell (D-WA), and Angus King (I-ME) introduced [...]/p