Jon Queally's Blog

Fat America
JULY 23, 2012 12:42PM

Don't Regulate the Banks, Nationalize Them

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Gar Alperovitz

The Barclays interest-rate scandal, HSBC’s openness to money laundering by Mexican drug traffickers, the epic blunders at JPMorgan Chase — at this point, four years after Wall Street wrecked the global economy, does anyone really believe we can regulate the big banks? And if we broke them up, would they really stay broken up?(Creative Commons/Flickr /doctortongs)

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