Post #5510 by onepoorguy on the Berkshire Hathaway board

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)

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...I forget the piece of legislation we did away with that would have helped prevent it.

Glass-Steagall.

We should reinstitute it.

We also should restore the National Bank that Jackson destroyed. Private banks didn't like the competition, and Jackson was extremely corrupt, so he shut down the National Bank for them. We're one of the few 1st world nations that don't have a national bank, as a result.

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