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More Needs to Be Done on Finance Reform: Simon Johnson

Started by Nelson Muntz, April 26, 2010, 01:31:56 AM

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Nelson Muntz

http://www.huffingtonpost.com/simon-johnson/make-the-call-or-get-out_b_547970.html

Call your Senator, call Senator Harry Reid (Senate majority leader), and call the White House. Tell them that you support the Brown-Kaufman SAFE Banking Act (unveiled yesterday) -- as an amendment that would greatly strengthen the Dodd bill by capping the size and leverage of our biggest banks. Politely ask the people who answer the phone to make certain that this amendment gets an "up or down vote" in the Senate.

    The Brown-Kaufman Act is our best near-term chance to reduce the size of Wall Street megabanks that are too big to fail and that threaten our economy. (If you don't understand why this is important, read 13 Bankers; quickly -- this could all be over by this time next week.)



http://baselinescenario.com/2010/04/22/the-safe-banking-act-break-them-up/

You can read what the bill contains.  This could be what is needed.
Ha! Ha!