 |
| Source:The Nation- 2012 Reform Party nominee for President Governor Buddy Roemer. |
"The repeal of the Glass-Steagall Act in 1999 paved the way for big banks to gamble with customer money, and eventually trigger the biggest financial crisis in the US since the Great Depression, says former Louisiana governor and Republican presidential candidate Buddy Roemer. "I'm not against large," Roemer says about banking practices in the country, "What I'm against is dumb. What I'm against is greed. What I'm against is the banker first and the customer second. It ought to be reversed."
From The Nation
Governor Roemer is sort guilty of stating the obvious here but he's correct. Big banks need to put their customers first, or least calculate them in their profit motive thinking. And then they'll make more money at the end of the day, because more people would want to do business with them.
Governor Roemer is sort guilty of stating the obvious here but he's correct. Big banks need to put their customers first, or least calculate them in their profit motive thinking. And then they'll make more money at the end of the day, because more people would want to do business with them.
No comments:
Post a Comment