Since we are getting one of the periodic episodes of #GlassSteagall nostalgia in the USA, it's good to remember that the entities at the center of the #2008crisis did NOTHING that would have been prohibited by GlassSteagal which was a weak compromise in the first place and had been totally bypassed by changes in finance.

Since we are getting one of the periodic episodes of #GlassSteagall nostalgia in the USA, it's good to remember that the entities at the center of the #2008crisis did NOTHING that would have been prohibited by GlassSteagal which was a weak compromise in the first place and had been totally bypassed by changes in finance.