FDR – demonstrably – knew how to protect our investments

FOCUS: Resurrecting Glass-Steagall

“What just happened at J.P. Morgan – along with its leader’s cavalier dismissal followed by lame reassurance – reveals how fragile and opaque the banking system continues to be, why Glass-Steagall must be resurrected, and why the Dallas Fed’s recent recommendation that Wall Street’s giant banks be broken up should be heeded.”

via FOCUS: Resurrecting Glass-Steagall.