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Fed Chairman Alan Greenspan said, "In 1911 we broke up Standard Oil -- so what happened?...According to biographer Ron Chernow, upon being informed of the Supreme Court decision, Rockefeller "turned to his golfing partner and said, 'Father Lennon, have...
Tags: AT&T, Morgan Stanley, investment banks, J.P. Morgan & Company, Rockefeller, commercial banks, Of Baby Bells, Standard Oil, Steagall, glass steagall, Alexandria, United States federal banking legislation, J.P. Morgan & Co., Primary dealers, Glass-Steagall Act, House of Morgan, JPMorgan Chase, Business Finance
There is a lot of talk out there about the Conservatives being too vocal now that Barack Obama is our President. I couldn't agree more. What's even more true is that in addition to the vocal outrage at our liberal President's uncontrolled spending –...
Tags: conservatives, obama, spending, fiscally irresponsible, congress, republicans, progressives, democrats, bush, chavez, stalin, ussr, taxes, minorities, glass steagall, community reinvestment, affirmative action, clinton, carter