We must remember there are three components that need to be firewalled from each other ...
Commercial Banks
from
Investment Banks
from
Insurance Companies
... and all three from each other.
It is these three entities working in concert that prove devastating to the economy. Only firewalling Investment and Commercial Banks would still allow a lot of damage to be caused through their relationships with Insurance Companies.
Remember AIG's impact on our economic crisis as well.
Read the Article at HuffingtonPost
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