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Is The 2010 Dodd-Frank Act Impotent?

The Wall Street Journal

The Wall Street Journal

 

Nomi Prins

Nomi Prins

Good Morning Everyone!  Today’s question…are you among those who believe that the 2010 Dodd-Frank Act has strengthened the banking and financial systems, and if so, how?  Who really has benefitted from this Act…the bankers or we the people?

Well, we have an eye opening, candid, insightful and fact-based article to share with you on the effectiveness (or better put…impotence) of the 2010 Dodd-Frank Act, and the need to bring back the effective Glass-Steagall Act from  former Wall Street insider and highly acclaimed author and speaker, Nomi Prins.  Ms. Prins recently delivered a recorded video message to the attendees of the Schiller Institutes 30th Anniversary.  Her message centers on unveiling the ineffectiveness of the Dodd-Frank Act, and the need to bring back or reconstruct a very close version of the Glass-Steagall Act in order to preserve the banking system FOR THE PEOPLE….NOT THE BANKS! Read more