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View Full Version : Bernie Sanders vows to break up banks during first year in office



FuzzyLumpkins
01-06-2016, 01:44 AM
Characterizing Wall Street as an industry run on "greed, fraud, dishonesty and arrogance," Democratic presidential candidate Bernie Sanders pledged to break up the country's biggest financial firms within a year, should he become president, in a major policy address on Tuesday.

He coupled that promise with a series of attacks on rival Hillary Clinton, arguing her personal and political ties make her unable to truly take on the financial industry.

"To those on Wall Street who may be listening today, let me be very clear: Greed is not good," said Sanders, in a reference to Oliver Stone's 1980s film, "Wall Street."

"In fact, the greed of Wall Street and corporate America is destroying the very fabric of our nation, and — here is a New Year's resolution that I will keep if elected president — and that is if Wall Street does not end its greed, we will end it for them," said Sanders, as a cheering audience jumped to its feet.

Sanders has made regulating Wall Street a focus of his primary bid, with calls to curb the political influence of "millionaires and billionaires" at the core of his message.

http://america.aljazeera.com/articles/2016/1/5/bernie-sanders-vows-to-break-up-banks-during-first-year-in-office.html

boutons_deux
01-06-2016, 05:09 AM
separate insurance from banking

separate investment banking from retail/commercial banking (glass-steagall)

regulate the private (non-regulated) banking sector

and LOTS more.