Ultimate goal in financial regulation should be “preventing reckless Wall Street speculators from backing up their bad bets with taxpayer money,” O’Malley for President Deputy Campaign Manager Lis Smith says in e-mailed statement.
- “We need a defined firewall between Wall Street and taxpayers so that we are never again forced to bail out a bank’s reckless behavior,” Smith says
- Says we should restore, modernize Glass-Steagall
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