Comments on: Rollercoaster ride may be over, Ortiz says http://blogs.reuters.com/summits/2009/05/08/rollercoaster-ride-may-be-over-ortiz-says/ Exclusive outtakes from industry leaders Wed, 16 Nov 2016 08:14:55 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: OKJackGroup http://blogs.reuters.com/summits/2009/05/08/rollercoaster-ride-may-be-over-ortiz-says/comment-page-1/#comment-824 Sun, 10 May 2009 23:09:07 +0000 http://blogs.reuters.com/summits/?p=2854#comment-824 We also believe that things have bottomed out.

However, we should be thinking of how to prevent such events…not just breathe a sigh of relief.

Since it was the wheeler dealers in financial institutions, markets and trading that brought this on…perhaps repealing the Gramm-Leach-Bliley Act might be a good first step, i.e., separate investment banking from deposit banking as was done by the Glass-Steagall Act in 1933 and as was repealed by “Gramm” in 1999.

OKJackGroup
oklahomajack.com

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