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Inside Business

Jeremy Warner: Here's one approach to miscreant banks – just break them up

Outlook Time to bring back Glass-Steagall, the legislation introduced in the US in the 1930s to enforce a rigid separation between ordinary commercial banking and the fee-driven inventiveness of investment banking? I'm pleased to see that my once lonely campaign to reinstate this division, abandoned under the Clinton administration in the late 1990s, seems to be attracting a growing following.



Wall St dispatch


    Stephen Foley blogs on the latest US business developments


Columnist Comments

johann_hari

• Johann Hari: How can we trust an army that cannot be trusted with its own?

All attempts to get a public inquiry into Deepcut deaths have been stonewalled

hamish_mcrae

• Hamish McRae: So how will we fund our universities?

University fees are third-rail stuff: touch them and you get a horrible shock

janet_street_porter

• Janet Street-Porter: Bring back ration books – for booze

We could pay a minimum price, and there would be a thriving black market for those determined to drink to excess

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