Congressmen To Call For Break-Up Of Biggest Banks. Five House Democrats will call this week for a return to a Depression-era law that separated Wall Street investment banking from Main Street commercial banking. If adopted, the measure would give banks one year to choose between being commercial banks or investment banks. The nation’s biggest — those now commonly referred to as “too big to fail” – would be broken up. The Obama administration opposes the measure.

December 8, 2009 in News
Tags: break up big banks

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Oligarchy Robber Ruling War Republican Establishment, out of control corporations – Sen. Durbin: Banks And GOP Made A Pact To Kill Regulatory Reform. GOP conspires with banks to 1. defeat measure that would make it easier for homeowners to restructure failing mortgages 2. help banks defeat any additional efforts at regulatory reform ….. and yes, Republicans are denying healthcare to out of work and to poor people, in an attempt to physically eliminate them. that is medical fascism.

December 8, 2009 in News
Tags: break up big banks, financial crisis

http://rly.cc/7qwd4

Wall Street Journal Supports Break-Up Of Big Banks, calling for a restoration of barriers between commercial and investment banking.

November 23, 2009 in News
Tags: boycott big banks, break up big banks, financial crisis

http://kl.am/54RZ