Hey Barry:
Here's list of wot we need from the bank regs as a first step: http://www.sfgate.com/cgi-bin/article.cgi?f=/n/a/2010/06/13/national/w014403D50.DTL
Lincoln's Rule - Regulate derivatives. Caint have no BS stocks floatin round wid zero oversight or disclosure. No Brainer here.
Volcker rule - Banks wot take deposits and make loans jes caint buy BS stocks, if'n they do, we'll be rite back here. No brainer - gotta have it.
Debit card fees - keep they hands out my pocket. Don wanna pay for no Swiss villas no more.
Consumer protections - Doh, same as above.
Keep on em Barry, this jes the first step.
Your pal,
Sunday, June 13, 2010
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