NORTH CHARLESTON, S.C. (AP) — Hillary Rodham Clinton says she is willing to split apart big financial institutions should the need arise.
The Democratic primary front-runner told Democrats gathered in North Charleston on Saturday that she has the “toughest” proposals for dealing with Wall Street. She says would “break up the big banks” if necessary and hold top financial executives accountable.
The issue of Clinton’s ties to Wall Street is getting a fresh look after last weekend’s Democratic presidential debate.
Both of her primary rivals back reinstating the law known as Glass-Steagall, which once separated commercial and investment banks.
But Clinton and her advisers argue that Glass-Steagall would not have prevented the failure of large financial institutions, such as investment bank Lehman Brothers and insurer AIG, during the Great Recession.
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When I read the heading, somehow I heard this in my head:
Hillary Rodham Clinton says she is willing to split apart big financial institutions should the need arise.
538Liberal, your comment is more subtle and, therefore, better, than what I would say…which is:
Dammit! The need is HERE!!!
Exactly. And it would be her own definition of ‘needed’.
Her high unfavorables are mostly her own doing.
I’ve heard her answer several times that Glass-Steagall would not have prevented the 2008 meltdown. Have I missed it where she has described how we might avoid it in the future? Other then the general clichés about tougher regulations which usually means nothing?
With 60% of the voting population choosing the identical franchise status of slaves, I am a little jaded about this business of “what it takes” to be elected.
The 40% who normally DO vote tend white, racist, Reactionary and OLD.
Bernie is making a stab at animating the so-called “people who normally do not vote”
Or is it possible?
Hillary is looking over her shoulder at
Irene Independent and Umstead Undecided