TITLE

Keep Them Honest

AUTHOR(S)
Warren, Elizabeth
PUB. DATE
May 2012
SOURCE
U.S. News Digital Weekly;5/25/2012, p14
SOURCE TYPE
Periodical
DOC. TYPE
Opinion
ABSTRACT
The author contends that the big banks in the U.S. need regulation. The author claims the U.S. called for greater oversight of the biggest financial institutions following the crash of 2008. However, Wall Street resisted change even after billions in taxpayer-funded bailouts. The author believes that Wall Street banks often act like they alone should decide if they have taken too much risk. He adds that reckless gambling by the big banks can affect the jobs, the pensions, and the tax bills.
ACCESSION #
76184153

 

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