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Richard Stallman's Political Notes

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Making banks smaller

dimanche 3 juillet 2016 à 02:00

The bank GE Capital has got out of tight financial regulation by selling off parts of its business and thus making itself small enough to be exempt.

I agree that this is a success, but a big bank is a danger and the tighter regulation is not enough to make them safe. We need to make sure all banks get smaller, one way or another.