Hacker News new | ask | show | jobs
by HyperSane 1192 days ago
Glass-Steagall needs to be brought back. It was incredibly effective at preventing situations like this.
1 comments
fshbbdssbbgdd 1192 days ago
Glass-Steagal separated commercial banks from investment banks. As far as I can tell, SVB was just a commercial bank and the way it went bust has nothing to do with conduct that would have been prohibited under Glass-Steagal.
link