Thank you for your work on this; always good to remind ourselves what went wrong in the past. I'd like to think that by reflections like this, we could avoid it happening again--but sadly, I fear we will not. Each time we deregulate banks, we later regret it. Just one more reason to avoid investing in banks!
Loved this concise reminder of such a major event in our recent history which has transformed the world around us and reshaped the financial sector !
Thank you for your work on this; always good to remind ourselves what went wrong in the past. I'd like to think that by reflections like this, we could avoid it happening again--but sadly, I fear we will not. Each time we deregulate banks, we later regret it. Just one more reason to avoid investing in banks!
Thanks for your comment! I invest in banks, but currently only JPM. I see your point, though.