Why is Warren thinking of Banks? When she wants to make everything FREE!
It's not size of banks that is worrisome, it's the rich compensation systems that motivate C-suite executives to abandon all ethical standards. Banks have been committing crimes decade after decade. They must be closely regulated. In 2008 banks nearly destroyed the world economy.
This is what Dodd-Frank has wrought. Beware the unintended consequences of massive regulatory actions.
JoshstraDaymus
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French minister blasts EU decision to block Alstom-Siemens merger in face of Chinese competitionFrance's finance minister expressed his disappointment at a recent EU decision to block a major rail merger, calling for competition rules to be changed to enable European firms to become stronger on the global stage.
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Just Eat shareholder urges board to seek mergerJust Eat PLC (JE.LN) shareholder Cat Rock Capital Management LP has expressed concerns over recent executive appointments and urged Just Eat to seek a merger. Cat Rock, which owns 13.0 million shares equaling around a 1.9% stake in the U.K. online food-delivery platform, said in in an open letter sent Monday to the company's board that a merger with a "well-run" industry peer would be a better outcome for shareholders than relying on the board to choose a new chief executive.
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