UK getting hard on banks, something stinks!

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#1 Thu, Jun 16, 2011 - 7:50pm
davefess
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Eagle River, WI
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UK getting hard on banks, something stinks!

From ZH:

https://www.zerohedge.com/article/uk-preparing-return-glass-steagall

This is off the heals of the Basel Committee looking at 3.5% fee to curb bank growth

https://www.bloomberg.com/news/2011-06-16/basel-is-said-to-consider-3-5-percentage-point-fee-to-curb-growth-of-banks.html

Does anyone else find it weird that in one day there are two stories about getting tougher on big banks? Or am I reading way too much into this, which is probably what is happening. Anyway I just find it odd.

Edited by: davefess on Nov 8, 2014 - 5:07am
"it's game over man, game over!"