Making Banking Boring Is the Wrong Way to Make It Safer – Bloomberg 06-10-12

Salient to Investors:

Banking by nature is and always has been, risky. Banks diversified to keep up with American corporations.

A new Glass-Steagall isn’t the solution. The bulk of bank losses during the postwar financial crises came from bad loans, this time on residential real estate. Investment banking contributed. More bank capital is the solution.

Read the full article at http://www.bloomberg.com/news/2012-06-10/making-banking-boring-is-the-wrong-way-to-make-it-safer.html

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